Property Type:
Commercial for Sale
Status:
Sold
Current Price:
$2,450,000
List Date:
6/18/2020
Last Modified:
10/13/2024
Description
With an average review of 4.8 stars, plus 2018 gross rental income of 224K and 2019 of 213K, this income-generating property is a must see! The 10-unit community is beautifully landscaped and each cottage has been well-maintained with upgrades to kitchens and bathrooms in late 2019. There are 8 one-bedroom, one bathroom (396 square feet, sleeps 4) and 2 two bedroom, one bathroom (728 square feet, sleeps 6) modular built cottages. All cottages have a full kitchen, walk-in shower, sleeper sofa, dining area and A/C. Each cottage has a private sitting porch, dedicated parking space, outdoor grill, picnic table, Direct TV and high-speed wireless internet. There is potential for a buyer to remove the existing cottages and built 10 single-family dwellings. Buyer to verify all information.
Listing Office: Gilbert Realty
Last Updated: October - 13 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Summary of Miramar Cottages ›
