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Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,383 sqft
Price per Sqft $125
Subdivision Bayview Add
MLS Listing ID 761567
Sold Date 12/09/24
Style Bungalow
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1950
Annual Tax Amount $5,242
Tax Year 2023
Lot Size 0.530 Acres
Acres 0.53
Property Description
Attention investors and/or owner occupants. This excellent investment opportunity awaits you in theheart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zonedmultifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5bathrooms, and a triplex with 3 one bedroom one bath apartments.Zoning and lot size allow for more units to be built. Separate water and electric meters for both structures. The main home has large amounts of open living space, as well as a mother-in-law quarters that can serve as a 5th unit. Fiberglass pool with saltwater systemLarge lot with room for your ATV, boat or jet skis2 car garageRental income of $5500-$6500/month, excellent Cap rate of at least 8%SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTSMotivated Seller, bring all offers!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Interior Features Bookcases, Fireplace, High Ceilings, Recessed Lighting, Vaulted Ceiling(s)
Heating Electric, Fireplace(s), Separate Meters
Cooling Central Air, Ceiling Fan(s), Electric, Multi Units, Separate Meters, Window Unit(s), Wall Unit(s)
Fireplaces Type Electric
Furnishings Furnished
Fireplace Yes
Appliance Dryer, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Patio
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Fence Privacy
Pool Fiberglass
Community Features Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Connected, Phone Available
Roof Type Composition,Shingle
Building
Architectural Style Bungalow
Schools
Elementary Schools Lucille Moore
Middle Schools Jinks
High Schools Bay
Others
Tax ID 28385-000-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing FHA
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Bought with Weichert Realtors Rev Group