Search Results -> 8 Gipson Place Ne, Fort Walton Beach

8 Gipson Place Ne, Fort Walton Beach 32548 (Active)

Request More Information | Share This Listing | Map This Property

Listing Information

Property Type: Commercial Sale

MLS #:	947859	Price:	$1,190,000.00	Year Built:	1948
Square Feet:	3525	Bedrooms:	Not available	Bathrooms:	Not available
HOA Fees:	Not available	Lot Size:	0.11 acres	Lot Dimensions:	50x100

Subdivision: Not available

Description:

Check out this rare opportunity in Fort Walton Beach to own an 8 unit multi-family property just under one mile from the coast penciling at a 12% cap rate. Seaside Escapes features 8 separate studio & 1 BR units each themed, furnished, and marketed as Short Term Rentals. Each cozy cottage features a living area, queen bed, closet, kitchenette, full bath & a dedicated workspace. The property was recently renovated in 2021. Renovations include new roof, electrical, HVAC, plumbing, windows, doors, trim, flooring, and all new furnishings. This place has everything you need to start your journey as a short-term rental owner or would make a great addition to an existing portfolio. Property is centrally located only a few blocks from downtown, minutes to the Gulf of Mexico & near Eglin AFB.

Photos

Features

Not available

Commercial Features

Income-Producing Year Built: 1948	Income-Producing Building Square Footage: 3525
Income-Producing Property Type: Other (See Remarks)

Request More Information

Here you can request more information about this listing or schedule a showing. Simply fill out this short form with your name, email address, and phone number (optional), as well as your question, and a response will be returned to you shortly.

Items marked with a red star (*) are required.

Map This Property

This listing provided courtesy of Anchor Realty Florida.
This information was last updated on 5/3/2024 12:57:02 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.

We are members of:
the National Association of Realtors,