248 Four Mile Road

    Freeport, FL 32439
    • $649,000
    • STATUS: Active
    • ON SITE: 582 days
    • MLS #: 769620
    UPDATED: 158 min ago
    $649,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    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.

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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: 2018-09-26T00:00:35.523.
    www.scenicsir.com/homes/70034969

    248 Four Mile Road Freeport, FL 32439

    • Price: $649,000
    • Status: Active
    • Updated: 158 min ago
    • MLS #: 769620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    Neighborhood:
    Freeport
    County:
    Walton
    Area:
    Freeport
    Property Description
    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.
    Exterior Features

    Lot Depth 400.00 Lot Dimensions 100 X 400 Lot Frontage 100.00

    Interior Features

    Income Producing Building Sq Ft 6000 Income Producing Property Type Multi-Family

    Property Features

    As Is Yes Future Land Use Multi Family High Density. Up To 14 Units To The Acre. Immediate Occupancy Yes Income Producing Year Built 1985 Listing Board Emerald Coast Office Class Duplex Apartment Units Vacant No Zoning R-3

    Listing courtesy of Beach Sunsets Inc.


    © 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: 2018-09-26T00:00:35.523.
     
    Scenic Sotheby's International Realty
    3305 West County Highway 30A
    Santa Rosa Beach FL, 32459