Description
South Seas Serenity is a thoughtfully renovated coastal luxury residence blending refined design with established income performance in the heart of Captiva Island. This two-bedroom, two-bath condo has been curated with an emphasis on quality materials, high-end finishes, and a sophisticated coastal aesthetic, appealing to both discerning homeowners and renters. The property has received consistently strong reviews, with all 5-Star ratings to date. The bright, open-concept layout is enhanced by custom woodwork and custom built-in mirrors throughout, amplifying natural light and creating a layered, designer-quality interior with depth and visual interest. High-quality flooring, modern lighting, and clean-lined finishes contribute to a designer yet comfortable living environment. The kitchen features quartz countertops, contemporary cabinetry, and Bosch appliances, and opens to the living and dining areas for functional use of space. The living area opens to a private balcony offering peaceful views, beautiful sunsets, and direct Gulf views. The primary suite provides generous space with an en-suite bathroom. The unit has a documented rental history. Since completion of the remodel in July 2021, the property has generated approximately $350,000 in net rental income (after management fees, taxes, and VRBO/Airbnb fees; before association fees, insurance, and mortgage). Income figures are provided for informational purposes only and are not guaranteed. Future rental income may vary. Based on seller analysis and market research, the property is believed to be among the highest-producing income properties under $1.2M from Marco Island to Anna Maria Island and everywhere in between. Over $40,000 in future reservations are already on the books for the upcoming season alone. The property is currently managed by a professional management company that maintains the unit and delivers a high-end guest experience, including luxury amenities such as robes. Buyer may continue with the existing management company, select a management company of their choice, or explore participation in the resort rental program, subject to applicable terms. Seller will make a good-faith effort to relocate existing reservations; however, buyer shall be required to honor any reservations that cannot be relocated. The property is offered turnkey furnished, excluding the striped chairs and curtains. Furnishings include all high-end designer pieces from One Kings Lane, Serena & Lily, Williams Sonoma, Tempur-Pedic mattresses, and Emtek hardware. A detailed inventory list will be provided. Community amenities include a pool located directly in front of the building, convenient direct beach access, and nearby tennis and pickleball courts. The property is within walking distance to Captiva Village dining, shopping, and marina amenities. This offering presents an opportunity to acquire a renovated, income-producing condominium in one of Southwest Florida's most desirable coastal locations.
