Embark on the pinnacle of coastal living with this luxurious oceanfront condominium, a rare gem that seamlessly combines investment potential with unparalleled comfort. With a history as a sought-after vacation rental and a transferable STR (Short-Term Rental) option in a commercial recreational zone, this turn-key residence presents a unique opportunity for those seeking a blend of simplicity, ease, and the potential for income. Perched on the top floor, relish panoramic views of the Pacific, the iconic Yaquina Head Lighthouse, and the charming Nye Beach, all from your fully furnished haven. The transition into coastal living is accentuated by a low HOA (Homeowners Association), offering an undisturbed retreat into the blend of beach life serenity and relaxation. An on-site building manager adds a layer of convenience, contributing to a well-managed experience. Beyond your walls, the oceanfront allure extends to a community pool and a soothing hot tub, providing additional avenues for relaxation and recreation. Practical amenities like on-site laundry facilities make daily living a breeze, enhancing the overall appeal of this coastal haven. Additionally, the west side of the building features stairs leading down to direct beach access, allowing you to seamlessly integrate the coastal lifestyle into your everyday experience. For those with furry companions, it's noteworthy that dogs are allowed with board approval, providing an extra layer of flexibility for pet owners. Seize the chance to invest in more than just a home - invest in a lifestyle that seamlessly blends simplicity, ease, and the endless beauty of the ocean. Buyers are encouraged to verify potential uses and STR permits with the Newport planning department.