Here is your rare chance to own a 2 bed/2 bath Gulf Front Penthouse Condo with a combination of a great beach location, popular floorplan, penthouse views, and favorable rental rules. These “top floor double-lanai units” rarely come up for sale and this condo is being offered by the original owner's family. Enjoy the panoramic sunset views from the double beachfront lanai and from the beach front master bedroom. This prestigious northend gulf front location offers unparalleled privacy as it is next door to Bowditch park and across the street from the bay. INVESTORS - the building allows 4 day min rentals from Thanksgiving to Easter and 7 days in the off season. The unit needs refurbishing as a result of Hurricane Ian, providing the new owner the opportunity to remodel to their standards. The unit features IMPACT windows and sliders; new plumbing; new electrical; new air conditioner; newer water heater; and laundry hook ups. Owners are allowed pets. This 2 bed / 2 bath penthouse unit will make a great personal residence or provide a sizable investment income. Vacation Villas Condo building has 30 units over 6 floors (5 per floor). The building is in the final stages of repair and will feel brand new with all new plumbing, electrical, refurbished pool area, new elevator, new roof, and new landscaping. Maintenance fees include high speed fiber optic internet, water, building insurance and professional mgmt. Vacation Villas is NOT part of the Pink Shell. The furnished interior PHOTOS are pre-IAN. The AERIALS are recent photos. The current schedule is for owners to have access to remodel starting in November 2024 and the building should be ready for occupancy/rental in Jan 2025.