Property
Beds
5
Full Baths
5
1/2 Baths
None
Year Built
1997
Sq.Footage
2,276
Producing over $91,000 in actual rental income this year, 204 Third Street is a premier investment property located only 8 minutes from Rosemary Beach. This is a rare opportunity to own 3 separate income-producing beach homes on 1 oversized 50x140 lot near the beach. The 3 homes generated over $83,000 in rental income last year and come with low operating expenses positioned in a neighborhood with a voluntary $500 POA fee to maintain the private beach access gate. These homes will be sold fully-furnished and with strong rental bookings in place for 2025. All three homes have been beautifully renovated and come with new metal roofs and new hot water heaters. The value of this oversized lot is tremendous being located on a dead-end street & positioned by a private beach access. Inquire today to review the actual rental income history, estimated operating expenses & the rental income projection for 2025. Capitalize on this incredible investment property soon!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
5
Area & Lot
-
Property Type
Residential
-
Architectural Style
Beach House
Exterior
-
Garage
No
Financial
-
Sales Price
$749,000
-
Zoning
Resid Single Family
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Location
County
Bay
Elementary School
Breakfast Point
Middle School
Surfside
High School
Arnold
Listing Courtesy of The Dixon Team , 30A Homes Sales
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Broker Associate
CherylChamblee
Call Cheryl today to schedule a private showing.
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