75 Pompano Street, Destin, FL 32541

$1,310,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 11,326 Status: Sold
Current Price: $1,375,000 List Date: 12/02/2021 Last Modified: 10/13/2024

Description

This exquisite triplex in the highly desirable Crystal Beach neighborhood of Destin has good rental history. The potential is more than double the recent history due to significant owner use over the past few years. The two 1 bed/1bath units are on a vacation rental program. The larger, 2bed/1.5 bath unit is currently for owner use. Nothing was overlooked in the remodeling of this solidly built concrete block home. Metal roof, upgraded electrical, plumbing, windows, and insulation give this triplex the perfect combination of storm safety and energy efficiency. High and dry, this property rests in Flood Zone X. This upscale rental, one block off of Scenic Hwy 98, will provide steady cash flow in its current condition and a future opportunity for a large single family residence.

More Information MLS# 886719

None

Current Price: $1,310,000

Status Change Info

Status: Sold Under Contract Date: 2021-12-17 Sold Date: 2022-01-31 Sold Price: $1,310,000

Contract Info

GCCMLS Number: 30776682 List Date: 2021-12-02 List Price: $1,375,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin Street #: 75 Street Name: Pompano Street Suffix: Street State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0580-0004-0140

General Property Info

Listed on GCCMLS: Yes Property Information: Multi Family vacation rental Vacant: No Immediate Occupancy: No Acreage: 0.26 Lot SqFt: 11250 Lot Frontage: 75 Lot Depth: 150 Future Land Use: Single Family Residential

Income Producing

Property Type: Multi-Family

Multi-Family

# of Units: 3

Property Features

Class: Income Producing; Multi-Family Construction Status: Existing
Listing Office: NextHome Cornerstone 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.

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