Description
Investor Alert Proven Income-Producing Condo at the Purple Parrot Resort! This fully renovated 1-bedroom condo in the highly sought-after Purple Parrot Resort is the perfect opportunity for investors seeking strong rental income in Perdido Key. With gross rental revenue of over $33,000 in 2024 and projections showing 2025 on track to exceed $38,000, this property has a proven track record of performance and future growth potential. Inside, the condo has been completely updated with flooring, paint, upgraded doors, impact rated windows, modern kitchen cabinetry with granite countertops, and a refreshed bathroom featuring a new vanity and tub/shower combo. The open living area includes a sleeper sofa for extra guest capacity, maximizing occupancy and rental returns. The Purple Parrot Resort is a favorite with vacationers thanks to its extensive amenities: a 5,000 sq. ft. lagoon-style outdoor pool with waterfall and island hot tub, a year-round indoor heated pool and hot tub, fitness center, saunas, and the popular on-site Tiki Bar featuring live music. With its gated setting and convenient location near Perdido Key's white-sand beaches, restaurants, shopping, and attractions, the Purple Parrot consistently draws repeat guests. Adding to the long-term value, the HOA has upgraded all units to impact rated doors and windows a major improvement that benefits owners and strengthens rental appeal. Whether you're expanding your short-term rental portfolio or entering the market with a proven performer, this turn-key property delivers both strong rental income and future appreciation potential. Contact us today to review rental history and projections or to schedule a private showing of this exceptional investment property.
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1BEDS
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9.46ACRES
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1BATHS
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01/2 BATHS
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654SQFT
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$428$/SQFT
School Information
Description
Investor Alert Proven Income-Producing Condo at the Purple Parrot Resort! This fully renovated 1-bedroom condo in the highly sought-after Purple Parrot Resort is the perfect opportunity for investors seeking strong rental income in Perdido Key. With gross rental revenue of over $33,000 in 2024 and projections showing 2025 on track to exceed $38,000, this property has a proven track record of performance and future growth potential. Inside, the condo has been completely updated with flooring, paint, upgraded doors, impact rated windows, modern kitchen cabinetry with granite countertops, and a refreshed bathroom featuring a new vanity and tub/shower combo. The open living area includes a sleeper sofa for extra guest capacity, maximizing occupancy and rental returns. The Purple Parrot Resort is a favorite with vacationers thanks to its extensive amenities: a 5,000 sq. ft. lagoon-style outdoor pool with waterfall and island hot tub, a year-round indoor heated pool and hot tub, fitness center, saunas, and the popular on-site Tiki Bar featuring live music. With its gated setting and convenient location near Perdido Key's white-sand beaches, restaurants, shopping, and attractions, the Purple Parrot consistently draws repeat guests. Adding to the long-term value, the HOA has upgraded all units to impact rated doors and windows a major improvement that benefits owners and strengthens rental appeal. Whether you're expanding your short-term rental portfolio or entering the market with a proven performer, this turn-key property delivers both strong rental income and future appreciation potential. Contact us today to review rental history and projections or to schedule a private showing of this exceptional investment property.
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