Description
Zoned Commercial High Intensity. This is a great RARE opportunity to own over half and acre of land right across the street from the beach and the Gulf of Mexico. This is an income producing, 11 unit inn with ample room to expand to 15 units. This is a Turn key operation. This property includes 2 buildings and a pool! Property is currently open, operating, and is turn key for the next owner. Comes fully furnished. the possibilities are endless! You could also redevelop this property to single family residences or multifamily units on this large lot. Comparable Single family units averaging over $2 million per unit and rental projections of $200k+/year. Please do not bother the guests, Call for additional information and to setup a tour by appointment only.
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0BEDS
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0.52ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Zoned Commercial High Intensity. This is a great RARE opportunity to own over half and acre of land right across the street from the beach and the Gulf of Mexico. This is an income producing, 11 unit inn with ample room to expand to 15 units. This is a Turn key operation. This property includes 2 buildings and a pool! Property is currently open, operating, and is turn key for the next owner. Comes fully furnished. the possibilities are endless! You could also redevelop this property to single family residences or multifamily units on this large lot. Comparable Single family units averaging over $2 million per unit and rental projections of $200k+/year. Please do not bother the guests, Call for additional information and to setup a tour by appointment only.
© 2023 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Buzz the Bowmans | Beachy Beach Real Estate. Data last updated: 2023-05-31T22:04:18.283.
Listing provided courtesy of Think Real Estate: (850) 270-4200. Listing information © 2023 Central Panhandle Association of Realtors MLS.