1201 lagoon avenue

PRICED WELL BELOW APPRAISED VALUE!! Welcome to Drift Away! This inviting home offers 2 bedrooms and 2 bathrooms of comfortable living space, thoughtfully designed for relaxed coastal living. Inside, you’ll find a bright, open layout with a warm and welcoming feel. The home balances comfort and functionality, making it ideal as a full-time residence, vacation home, or weekend escape. One of the standout features is the expansive heated and cooled lower-level space, offering ample storage and flexible hangout areas that guests and owners love. Whether it’s storing beach gear, creating a game area, or just enjoying extra room to spread out, this space adds incredible versatility.Step outside and enjoy the true Gulf Coast lifestyle. From the porch, you can relax and listen to live music drifting over from The Beach House Bar & Grill next door, creating the perfect laid-back atmosphere without ever leaving home. Also just steps away are an ice cream shop, seafood market, and grocery store—so once you arrive, you may never need to get back in your car.This property has also been successfully operated as a short-term rental, generating approximately $30,000–$60,000 annually with minimal owner involvement. With a more hands-on approach or optimized management, income potential could increase significantly, with projections as high as $93,000 per year. In 2021, the home underwent a complete renovation, including a new HVAC system, water heater, metal roof, Hardie siding, updated flooring, turtle impact windows, and fresh paint throughout—providing peace of mind and a move-in-ready coastal experience. With parking for multiple vehicles and an unbeatable location that blends convenience, entertainment, and coastal charm, Drift Away offers both a relaxing retreat and an opportunity for additional income. Owner financing available! Seller is licensed real estate agent. Buyer to verify all information during due diligence.