- 4000 Us-98
- SANTA ROSA BEACH, FL 32459
- 35719 SqFt, 0.82 Acres
- Commercial Sales
JUST REDUCED! CAP Rate; at asking price: Approx 7%. INVESTMENT OPPORTUNITY AT ITS BEST! An Oasis of fully leased $70,000 income producing property!*** Own a (three building) large waterfront parcel of land(.82 acres), including 5 rental properties, all currently under lease. All 5 rental properties ALL are newly renovated and average together approx. $70,000 a year in gross rental income. This lot has 100 feet of water frontage, dock in place on Mack Bayou, 2 sewer taps, 2 water taps, and the south side of property is adjacent to state owned land. Also conveniently located to the beach, bay, Sacred Heart Hospital, shopping, restaurants, and more!
Property Summary (MLS® #: 728321): Located in SANTA ROSA BEACH at 1120 Mack Bayou Rd in the 32459 zip code. At a price of $798,000, this listing has been on DavisProp.com for 1061 days.
|Price Reduced from $875,000 to $798,000|
|Price Reduced from $998,500 to $875,000|
|Price Reduced from $1,200,000 to $998,500|
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Listing information last updated on March 23rd, 2018 at 1:45pm CDT.