- 1.7 Acres Hwy 331
- FREEPORT, FL 32439
- 74052 SqFt, 1.7 Acres
- Commercial Sales
Newly painted and remodeled this 8 unit Apartment complex stays rented. Exterior just had a new paint job and the interiors are nearly finished with remodel work as well. This is a very good income-producing compound with an additional 2 acres abutting the property that can be purchased separately and that allow for R-3 High-density buildout of up to 14 units/acre.This is an excellent opportunity to buy income producing property while you add up to 28 additional units.Preliminary Engineering work has just been completed that shows the phasing and buildout plans.
Property Summary (MLS® #: 769620): Located in FREEPORT at 248 Four Mile Road in the 32439 zip code. At a price of $649,000, this listing has been on DavisProp.com for 793 days.
|Price Increased from $599,000 to $649,000|
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is 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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.
Listing information last updated on April 24th, 2019 at 5:00pm CDT.