8 Gipson Place Ne, Fort Walton Beach 32548 (Active)
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 availableCommercial Features
Income-Producing Year Built: 1948 | Income-Producing Building Square Footage: 3525 |
Income-Producing Property Type: Other (See Remarks) |
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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.