Listing Details
- $1,190,000
- MLS# 781440
- Type Commercial - Business
- Status Active
- 1,837 Square Feet
- 0.200 acres Lot Size
- 1970 Year Built
Description
Completely revitalized and effectively new as of 2021, this 14-unit multifamily property offers an exceptional turnkey investment opportunity. Each studio unit is approximately 280 square feet and has been fully updated as of 2021 with brand-new electrical wiring, sewer and water lines, windows and doors, drywall, trusses, and roof.
With full occupancy and consistent rental income, this asset provides stable cash flow and minimal operational headaches. The site includes 15 parking spaces to accommodate tenants and guests comfortably. Investors will appreciate the potential cap rate of approximately 10%, underscoring the property's strong...read more
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Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 3:26:40 AM EST) or Emerald Coast MLS (last updated Fri 06/19/2026 12:05:42 AM EST) or Central Panhandle Association of Realtors (last updated Thu 06/18/2026 8:39:03 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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