315 SIBERT Avenue, Destin, FL 32541 (MLS# 730314)

315 SIBERT Avenue, Destin, FL 32541

$185,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 34,412 Status: Sold

Current Price: $599,000 List Date: 1/09/2017 Last Modified: 10/12/2024

Description

Prime investment opportunity in West Destin, park contains 7 brand new mobile homes with underground utilities, new water and sewer lines, landscape and driveway. As well as additional storage unit for each home. Inventory includes: One 3 bedroom 2 bath Five 2 bedroom 2 baths One 1 bedroom 1 bath.

More Information MLS# 730314

Contract Info

Listing Board: Emerald Coast List Date: 2015-05-21 List Price: $599,000

Location, Tax and Legal

Sub Area: 1403 - Destin Northwest Property Name: Sibert Oaks Legal Description: CALHOUN S/D DESTIN,LOT 30 BLK D

General Property Info

Property Information: Income producing 100% occupied NOI is $61,282.00 10% CAP rate. Vacant: No Lot SqFt: 34500 Immediate Occupancy: No Lot Depth: 345 Lot Frontage: 100 Acreage: 0.79

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Prime investment opportunity in West Destin, park contains 7 brand new mobile homes with underground utilities, new water and sewer lines, landscape and driveway. As well as additional storage unit for each home. Inventory includes: One 3 bedroom 2 bath Five 2 bedroom 2 baths One 1 bedroom 1 bath.

Class

Income Producing: 1

Construction Status

Existing: 1

Income Producing

Annual Gross Income: 83000 Net Operating Income: 61000 Cap Rate: 10 Property Type: Other (See Remarks)

Mobile Home Park

Year Built: 2015 # of Pads: 7 Actual Gross Income: 83040 Net Operating Income: 61282 Cap Rate: 7

None

Current Price: $185,000

Status Change Info

Status: Sold Under Contract Date: 2017-02-01 Sold Date: 2017-02-03 Sold Price: $185,000

Location Tax and Legal

Area: 14 - Destin Street #: 315 Street Name: SIBERT Street Suffix: Avenue State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0310-000D-0300

Property Features

Class: Income Producing Construction Status: Existing

Listing Office: RE/MAX Southern Realty

Last Updated: October - 12 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.