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  • MLS® #: 728321
  • 1120 Mack Bayou Rd
  • $798,000
  • 35719 SqFt, 0.82 Acres
  • Commercial Sales
  • Office: Century 21 Blue Marlin Pelican

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!

Essential Information

  • MLS® #728321
  • Price$798,000
  • Square Footage35,719
  • Acres0.82
  • TypeCommercial Sales
  • StatusActive

Community Information

  • Address1120 Mack Bayou Rd
  • AreaNorth Santa Rosa Beach
  • CountyWALTON
  • StateFL
  • Zip Code32459


  • Is WaterfrontYes
  • WaterfrontBAY, Bayou

Additional Information

  • Days on Website1152
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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 for 1152 days.

Property Location

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Price Change History for 1120 Mack Bayou Rd, SANTA ROSA BEACH, FL (MLS® #728321)

Date Details Change
Price Reduced from $875,000 to $798,000 $77,000 (8.80%)
Price Reduced from $998,500 to $875,000 $123,500 (12.37%)
Price Reduced from $1,200,000 to $998,500 $201,500 (16.79%)

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2018, All rights reserved.

Listing information last updated on June 22nd, 2018 at 9:15pm CDT.