Listing Courtesy of John Hallam Perdido Key Resort Realty LLC 850-287-4882
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.
- County: Escambia - Fl
- Longitude: -87.425796
- Latitude: 30.30346
- Building Name: Purple Parrot
- Directions: WEST ONTO PERDIDO KEY FROM SORRENTO RD. PURPLE PARROT IS ON THE LEFT SHORTLY AFTER YOU CROSS THE THEO BAARS BRIDGE.
- Interior: Ceiling Fan(s), Crown Molding, High Speed Internet
- Full Baths: 1
- Half Baths: 0
- Dining Room Description: Living/Dining Combo
- Kitchen Description: Updated, Granite Counters
- Window Features: Blinds, Drapes, Impact Resistant Windows
- Cool System: Central Air, Ceiling Fan(s)
- Heat System: Central
- Floors: Tile, Simulated Wood
- Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
- Roof: Metal
- Exterior: Balcony
- Parking Description: 2 Space/Unit, Parking Lot
- Pool: Heated, Indoor, In Ground, Pool/Spa Combo
- Pool Description: Heated, Indoor, In Ground, Pool/Spa Combo
- Water Source: Public
- Stories: 2
- Septic Or Sewer: Public Sewer
- Acres: 9.46
- Sqft: 654
- Zoning: County, Deed Restrictions, Res Multi
- Condition: Resale
- Building Total Area: 654
- Road Improvements: County Maintained Road, Private Maintained Road
- Style: Cottage
- Construction: Frame
- Foundation: Slab
- Electric: Circuit Breakers, Copper Wiring
- Has Garage: false
- Elementary School: Hellen Caro
- Middle School: BAILEY
- High School: Escambia
- Property Sub Type : Condo
- Home Owners Association: true
- HOA Fee: 6750
- HOA Frequency: Annually
- HOA Includes: Association, Cable TV, Deed Restrictions, Maintenance Grounds, Management, Pest Control, Recreation Facility, Water/Sewer
- Pets Allowed: Yes, Breed Restrictions
- Community Features: Pool, Fitness Center, Gated, Pavilion/Gazebo, Picnic Area, Sauna
- Year Built: 2000