1120 Mack Bayou Road

    Santa Rosa Beach, FL 32459
    • $798,000
    • STATUS: Active
    • ON SITE: 1151 days
    • MLS #: 728321
    UPDATED: 61 min ago
    $798,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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!

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    © 2018 Emerald Coast 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 Scenic Sotheby's International Realty. Data last updated: 2018-06-22T16:01:40.597.
    www.scenicsir.com/homes/50243082

    1120 Mack Bayou Road Santa Rosa Beach, FL 32459

    • Price: $798,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 728321
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    Neighborhood:
    North Santa Rosa Beach
    County:
    Walton
    Area:
    North Santa Rosa Beach
    Property Description
    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!
    Exterior Features

    Waterfront BayBayou Waterfront Feet 100

    Interior Features

    Income Producing Property Type Other (See Remarks)

    Property Features

    As Is Yes Immediate Occupancy No Income Producing Year Built 1974 Listing Board Emerald Coast Property Name Bishop Landing Vacant No

    Listing courtesy of Century 21 Blue Marlin Pelican.


    © 2018 Emerald Coast 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 Scenic Sotheby's International Realty. Data last updated: 2018-06-22T16:01:40.597.
     
    Scenic Sotheby's International Realty
    3305 West County Highway 30A
    Santa Rosa Beach FL, 32459