$393,750 • living size area 3216 sqft

This property with a cap rate of 8% is a real gem for an owner/investor/retiree or a family who wants a compound minutes walk from the beach and john's pass. the interiors are updated and extremely well maintained by a manager that might be available to next owner. there are 2 duplex; one is one story w/ two 2/1 units and one is two story w/ two 1/1 units. there is an adorable one story florida cottage with a deck for maybe an owner? there is a pay for use washer and dryer that generates about $2,000 income/yr and is very popular with the tenants. this complex is not only a great investment but an opportunity to own 5 units of beach property in desirable madeira beach at an amazing price! please look at the pictures which include granite and fashionable tile in some and appliances. for a complete list of all included appliances, please call the listing agent. in addition, there is a nice improvement which includes a sump pump and french drain in the courtyard for water run off and has prevented any flooding since installation after storm debby. the owners have tried to accommodate the tenants in every way possible to make beach living a pleasure. in that light, no potential buyers or realtors are to go onto the property or talk to the tenants except accompanied by the listing agent. if this does occur, the potential buyer will be excluded from consideration on this very desirable property! please look at the pictures to see the various layouts. please call for a showing!

Multi Family - PAGES REP OF MITCHELLS BEACH

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