181 Sandra Del Mar Drive #181, Mandeville, LA 70448

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
181 Sandra Del Mar Drive #181,Mandeville, LA 70448
$89,000
  • 2 Beds
  • 2 Baths
  • 1,150 sq. ft.
  • Condominium
  • Active
Listed by:gregg tepper
Office:keller williams realty services
MLS#:2507447
Source:LA_GSREIN

Price summary

  • Price:$89,000
  • Price per sq. ft.:$77.39

About this home

CALLING ALL INVESTORS! This property offers a high cap rate and far exceeds the 1% rule. CASH ONLY. The condo is currently rented at $1,200 per month, generating immediate cash flow, and tenants will remain with the sale. Located in Mandeville, this affordable 2-bedroom, 1.5-bath condo features a new roof installed after Hurricane Ida and an HVAC system replaced in 2020. Just 1 minute to the Causeway and 5 minutes to I-12, with access to Mandeville schools. Enjoy a wood-burning fireplace, bar-top seating in a cozy kitchen, a half bath on the main floor, and two bedrooms with a shared bathroom upstairs. The unit has all ceramic tile flooring throughout the first floor. Nearby amenities include Tammany Trace, Mandeville Trailhead, Sunset Point, and the lakefront—all a short bike ride away. The condo also offers a fenced-in patio and assigned parking. Condo fees cover water, garbage, exterior property insurance, common area maintenance, flood insurance, and termite coverage. Don’t miss

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Home facts

  • Year built:2000
  • Listing ID #:2507447
  • Added:106 day(s) ago
  • Updated:October 01, 2025 at 07:46 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,150 sq. ft.

Heating and cooling

  • Cooling:1 Unit, Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:2000
  • Building area:1,150 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$89,000
  • Price per sq. ft.:$77.39

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