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

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

Contract Info

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

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

General Property Info

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

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

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© 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.