Best of Both Worlds at Lei Lani! Enjoy views of Old River from your balcony or take an easy walk across the street to the beach. Located one mile east of Alabama Point Bridge and a quick walk to FloraBama. This adorable coastal studio is turnkey and ready for the rental market. Everything has been renovated with new cabinets and granite counter tops in the kitchen and bathroom, breakfast bar that fits two, tiled flooring throughout, spacious living area with new sectional sofa, built in queen Murphy bed with Antique cypress doors, stand up shower, single vanity sink with stackable washer/dryer in bathroom. The complex has two outdoor pools and 1 indoor pool. Boat slips are for owners only and first come first serve. Covered assigned parking space. Great balcony with Polywood outdoor furniture and large deck box for storage. YTD rental income $23,000. Sliding glass door replaced in 2015.