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    1 Bayou Drive

    Fort Walton Beach, FL 32547
    • $1,800,000
    • STATUS: Active
    • ON SITE: 157 days
    • MLS #: 865070
    UPDATED: 27 min ago
    $1,800,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    PRICE ADJUSTMENT due to significant rental income increase. Very Rare, 6 unit remodeled & updated apartment building on the water with boat access. No HOA fees. Located at the end of a quiet street close to shopping, bases & hospitals. operating as, 1 bedroom, 1 bath rental units for extended stay military and healthcare professionals or anyone else that desires the style of 1 Bayou over a hotel. Individual units are also available to vacation renters. Small boats with low draft like pontoons or bay boats are able to access the canal. combined the units currently bring in near 18K + per month in gross rent. Annual Gross income is over 200K and expenses as currently operated with owner managing are close to 39K per year

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    © 2021 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 Anchor Realty Florida. Data last updated: 2021-07-29T07:59:52.173.
    www.anchor30a.com/homes/114398872
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    1 Bayou Drive Fort Walton Beach, FL 32547

    • Price: $1,800,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 865070
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Fort Walton Beach
    County:
    Okaloosa
    Area:
    Fort Walton Beach
    Property Description
    PRICE ADJUSTMENT due to significant rental income increase. Very Rare, 6 unit remodeled & updated apartment building on the water with boat access. No HOA fees. Located at the end of a quiet street close to shopping, bases & hospitals. operating as, 1 bedroom, 1 bath rental units for extended stay military and healthcare professionals or anyone else that desires the style of 1 Bayou over a hotel. Individual units are also available to vacation renters. Small boats with low draft like pontoons or bay boats are able to access the canal. combined the units currently bring in near 18K + per month in gross rent. Annual Gross income is over 200K and expenses as currently operated with owner managing are close to 39K per year
    Exterior Features

    Waterfront Bayou Waterfront Feet 186

    Interior Features

    Income Producing Property Type Multi-Family

    Property Features

    As Is Yes Immediate Occupancy No Listing Board Emerald Coast Vacant No

    Listing courtesy of A List Beach Realty Llc.


    © 2021 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 Anchor Realty Florida. Data last updated: 2021-07-29T07:59:52.173.
     
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    Anchor Realty Florida
    5410 East County Highway 30-A, Suite 209
    Santa Rosa Beach FL, 32459