Description
Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a residence of equal size. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent is $4000/month. A SUBWAY national lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600. The Subway building had a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee. Price represents the Zillow Estimates for value of the first floor ($1,004,000) and the second floor ($868,000).
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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4,140SQFT
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$452$/SQFT
School Ratings & Info
Description
Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a residence of equal size. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent is $4000/month. A SUBWAY national lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600. The Subway building had a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee. Price represents the Zillow Estimates for value of the first floor ($1,004,000) and the second floor ($868,000).
© 2024 Realtors Association of Franklin and Gulf Counties. 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: 2024-10-10T13:42:26.843.