$1,125,000
$1,000,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
3,312 SqFt
SOLD DATE : 08/31/2020
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $339
Subdivision Gulf Shores Harbor Sub
MLS Listing ID U8094939
Year Built 1968
Annual Tax Amount $10,267
Lot Size 6,534 Sqft
Property Description
RARE OPPORTUNITY TO ACQUIRE A WATERFRONT 9 UNIT APARTMENT BUILDING DIRECTLY ACROSS FROM PUBLIC BEACH ACCESS! This block construction building is an INSTANT INCOME GENERATOR with NIGHTLY RENTALS ALLOWED or longer-term rentals. The property consists of 9 furnished units, plus a management office space, and a WATERFRONT POOL AREA & patio space to lounge on lower and upper level of the building. 3 units are 1-bedroom apartments and 6 of the units are studio efficiencies. Earn ADDITIONAL INCOME by leasing out the 2 wet slips and 1 boat lift to residents who need boat storage on the premises! Other features of this unique property include a newer roof, BRAND NEW COMPOSITE DOCK, double pane windows in every unit, a closed circuit security system, hard-wired internet in each unit and SEPARATE ELECTRIC METERS for each apartment as well! There are 8 total parking spaces on the property and guests can EASILY walk across the street and use the public beach access. Get your income-earning property on the water today before this opportunity is gone!
Location
State FL
County Pinellas
Community Gulf Shores Harbor Sub
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Tile
Exterior
Parking Features 6 to 12 Spaces
Community Features Beach Area, Sidewalks
Utilities Available Electricity Available, Public, Water Connected
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
Roof Type Membrane
Building
Lot Description Flood Insurance Required, FloodZone, Sidewalk, Street Lights, Paved, Waterfront
Story 2
Foundation Slab
Sewer Public Sewer
Structure Type Block,Concrete,Stucco
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with COPELAND MORGAN LLC