$89,000
$20K PRICE DROP

181 Sandra Del Mar Dr Mandeville, LA 70448

Estimated payment $865/month

Total Views 9,580
2 Beds
1.5 Baths
1,150 Sq Ft
$77 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Stainless Steel Appliances
  • Central Heating and Cooling System
  • Mandeville Elementary School Rated A-
  • Concrete Porch or Patio
  • Ceiling Fan

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 this great investment opportunity! Free 1yr interest rate buydown and no lender refinance fees for qualified buyers when using Envoy Mortgage.

Listing Agent

Gregg Tepper

Keller Williams Realty Services License #995700267 Listed on: 06/17/2025

Keller Williams Realty Services

Co-Listing Agent

Brandon Duracher

Keller Williams Realty Services License #995703947

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 2000

Lot Details

  • Fenced
  • Property is in very good condition

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Available
  • Parking Lot
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 56867

Community Details

Overview

  • Association fees include common areas, water
  • 19 Units
  • Mariners Village Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,097

Year Built

Built in 2000

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: condo
  • Co List Office Mls Id: KELW01
  • Co List Office Phone: (985) 727-7000
  • Subdivision Name: Mariners Village
  • Directions: From Monroe. Left on Antibes, Left on Sandra del Mar.
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: Two
  • Efficiency: Insulation, Lighting, Windows
  • Building Stories: 2
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Stainless Steel Appliances, Cable TV
  • Living Area: 1150.0
  • Stories: 2

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Patio And Porch Features: Concrete
  • Property Condition: Very Good Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Parking Available, Parking Lot, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association #2 Fee: 300.0
  • Association: No
  • Pets Allowed: Cats OK, Dogs OK, No Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Water

Lot Info

  • Parcel #: 56867

Multi Family

  • Number Of Units Total: 19

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,097 $8,366 $1,200 $7,166
2023 $1,097 $6,319 $1,200 $5,119
2022 $88,442 $6,319 $1,200 $5,119
2021 $883 $6,319 $1,200 $5,119
2020 $56 $6,319 $1,200 $5,119
2019 $916 $6,319 $1,200 $5,119
2018 $917 $6,319 $1,200 $5,119
2017 $932 $6,319 $1,200 $5,119
2016 $938 $6,319 $1,200 $5,119
2015 $79 $7,118 $1,500 $5,618
2014 $112 $7,118 $1,500 $5,618
2013 -- $7,118 $1,500 $5,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $89,000 -6.3% $77 / Sq Ft
08/15/2025 08/15/25 Price Changed $95,000 -4.0% $83 / Sq Ft
07/15/2025 07/15/25 Price Changed $99,000 -9.2% $86 / Sq Ft
06/17/2025 06/17/25 For Sale $109,000 +36.3% $95 / Sq Ft
06/03/2020 06/03/20 Sold -- -- --
05/04/2020 05/04/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $80,000 -- $70 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2507447

APN: 56867

Louisiana St Tammany Parish Mandeville 70448

181 Sandra Del Mar Dr, Mandeville, LA

This home is located at 181 Sandra Del Mar Dr, Mandeville, LA 70448 and is currently priced at $89,000, approximately $77 per square foot. This property was built in 2000. 181 Sandra Del Mar Dr is a home located in St. Tammany Parish with nearby schools including Mandeville Elementary School, Tchefuncte Middle School, and Mandeville Junior High School.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Gregg Tepper
Listing Agent
Gregg Tepper
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Keller Williams Realty Services
(985) 401-7809