Penthouse Condo 403 at \"The Inn\" (Dauphin Island)

1801 Bienville Blvd, Dauphin Island, AL 36528

$255,000 After Repair Value -
$255,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $255,000

After Repair Value $255,000

Costs of Repairs $0

Potential Profit $0

Living Area 999 ft2

Property Type Condo

Bedrooms 2

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $29,000

Yearly Expenses $15,000

Property Taxes $1,600

Net Operating Income N/A

Cap Rate N/A

Property Description

Fantastic Opportunity to Own a Penthouse Condo overlooking the Gulf of Mexico. Excellent views in all directions.

Calm. Quite. Bright. Comfortable. Cheery. Peaceful.

This spacious 999 square foot condo appears like a lot more space with its\' 9 feet 8 inch vaulted ceilings. Standard ceiling height is 8 feet.

This condo comes with two bedrooms and two bathrooms. It is very well organized with plenty of space for everything.

I love everything about this home. After spending 3 days at \"The Inn\" in 2003, I bought my own condo in 2005. It is so cool waking up in bed with the sounds of nature coming in via the sliding glass doors.

Dauphin Island is set back in time. No traffic lights and no thru traffic. Just an island long bike path, slow vehicle speed limits and an occasional stop sign. The only people on the island are owners, workers or those visiting.

Except for the Subway at the Circle K gas station, there are no multinational corporations providing food and shopping. Just mom/pop establishments everywhere, including the hardware/store combo called Ship and Shore.

There is a full binder under the TV, listing most of the wonderful parks, beaches and assorted things to do all over the island and beyond.

The on-site support staff are wonderful. They have been taking care of all my needs for 14 years now.

The $400 condo dues covers everything except the annual assessment for insurance/major repairs and your electric bill. The list includes wireless internet, 50+ cable channels, water bill, pool maintenance, lawn care , and trash removal. The average electric bill is $130.

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