144 Spires LN #UNIT 414 Santa Rosa Beach, FL 32459

Gulf Place Caribbean unit 414 defines affordable luxury with million dollar finishes and amenities at a sub-million dollar price tag. The views are superb due to this unit being located on the top floor, and it also faces West which makes for immaculate sunsets in the Summer. The amenities (gated beach access, tennis, pickleball, & heated pool) are excellent, and the renovations in this unit are top tier. The location in Gulf Place is also a huge benefit because there's some of the best shopping and dining on 30A within walking distance. Some of my favorites are Shunk Gulleys (best tuna dip in town), Kith + Kin Coffee, Pizza By The Sea (great gluten free options), Perfect Pig, & Renaissance French Restaurant. An underrated benefit of this location is also being directly next to County Highway 393 which makes it easy to avoid traffic along 30A in the busy season.

Unit 414 is outfitted with white oak engineered hardwood flooring, shiplap accents, built-in bunk beds, and a beautifully renovated kitchen. Both bathrooms have also been renovated to include updated fixtures, flooring, and quartz countertops. This unit also has top-tier appliances including a stackable Frigidaire washer and dryer and Energy-Star rated GE stainless steel kitchen appliances.

This property sleeps up to 8 people and offers stellar rental potential. Rental projections of up to $50,000 and rental actuals of $40,000 in 2025 (with owner usage) makes this one of the better cash-on-cash returns along 30A.