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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
Sold Date 08/31/20
Construction Status No Contingency
HOA Y/N No
Year Built 1968
Annual Tax Amount $10,267
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 75x90
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
Appliance Dryer, Microwave, Refrigerator, Washer
Exterior
Garage 6 to 12 Spaces
Community Features Beach Area, Sidewalks
Utilities Available Electricity Available, Public, Water Connected
Waterfront true
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
Water Access Desc Intracoastal Waterway
Roof Type Membrane
Parking Type 6 to 12 Spaces
Building
Lot Description Flood Insurance Required, FloodZone, Sidewalk, Street Lights, Paved, Waterfront
Story 2
Entry Level Two
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status No Contingency
Others
Pets Allowed Yes
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COPELAND MORGAN LLC
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