ASSUMABLE LOAN WITH PRIVATE FINANCING...NO COMMERCIAL LENDER INVOLVED!$40,000 IN GROSS RENTAL INCOME! Amazing price for a penthouse top floor unit that sits directly on the Gulf!Built in 2006 this low density 24 unit quiet complex has beautiful direct views of the emerald green water of the Gulf of Mexico as well as the Intra Coastal Waterway from the sixth (top) floor condominium. The seller is on track to gross $40,000 this year in rental income. See the link to the rental web site at www.VRBO.com/92106. Take over the web site and not only will you own a beautiful condo but future bookings and income revenue! The condominum has everything that you would expect from a luxury property including nine foot raised ceilings, a full width balcony accessible thru floor to ceiling full length glass doors in the Master bedroom and living room. The tinted windows and doors are 160 mph wind resistant and are unique in that they open out and do not slide.The flooring features 18 x18 ceramic tile with upgraded berber capeting in the bedrooms. The gourmet kitchen area features granite countertops on the eat in bar and kitchen counters with an upgraded custom tile backsplash.The eat in bar was also upgraded with custom tile on the lower front wall. The Professionally decorated home is in a vibrant western carribbean theme and there is a Master Bedroom, Guest Bedroom and Bunk Bedroom (separate bedroom). The unit features flat screen TVs, DVD players, high end ceiling fans and wireless internet in all rooms.The Bunk Room could also be used as an office. Master and guest bedrooms feature king size beds, the bunk room has stackable bunk beds and the living room has a fold out couch.Master bath has twin vanities and walk in closet.Large walk in laundry room features full size washer and dryer and private owners closet. Exterior amenities feature heated Gulf side pool with hot tub, lush tropical landscaping, fully stocked grill area with tables, dune walkover and over 180 feet of beautiful Gulf Front beaches. Just steps away from the only convenience store and post office on the island. Conveniently located only 10 minutes from Destin and 3 minutes from Fort Walton Beach this unit stays rented over 75% of the year. The owners self manage and are very selective with the quality and number of their guests to protect this valuable investment. Owner will turn over all rental sites and provide hands on training if buyer desires. Reason for selling? Owner wants to buy larger personal residence.Call now as this tremendous value on a Gulf Front condominium wont last! Features: 9' Ceilings, Breakfast Bar, Cable TV, Carpet, Central Air, Central Heat, Dining Room, Dishwasher, Electric Cooling, Electric Oven/Range, Furnished, Homeowner's Assoc., Hot Tub/Spa, Laundry Room, Living Room, Microwave, Owner Financing, Pantry, Public Sewer, Refrigerator, Swimming Pool, Tile, Walk in Closet, Washer/Dryer.