For more information regarding the value of a property, please contact us for a free consultation.
96-130 Palmetto Avenue Freeport, FL 32439
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $200,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Magnolia Bay
MLS Listing ID 861017
Sold Date 01/29/21
HOA Y/N No
Lot Size 0.750 Acres
Acres 0.75
Property Description
One of the four is currently under contract to sell 1/14/21. The updated price is $240K for three remaining properties. AFFORDABLE HOUSING OPPORTUNITY! INVESTORS ALERT! This property HAS 3 rental properties providing the owners $900 per month per unit or $2700 total on the existing one bedroom one bath mobile homes. This could be a great opportunity for a builder to build 3 spec homes to resale or simply keep the property as is and take advantage of the $32,400 in gross annual rental income. The sellers have a property manager in place and waiting list on the rentals. Three 1/4 acre lots can be used as individual home sites or one larger property to build your dream home.
Location
State FL
County Walton
Area 20 - Freeport
Zoning Mobile Home,Resid Single Family
Exterior
Utilities Available Public Sewer, Septic Tank
Schools
Elementary Schools Freeport
Read Less
Bought with Sandestin Real Estate
GET MORE INFORMATION