Michael Billings - Realtor®, Coastal Property Specialist St. George Island Florida

$825,000

332 Patton Dr
Eastpoint, FL 32328
3 Beds, 3 Bath
Bay Bay - #322645

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Attributes

Type: Dup/Tri/Quad (Multi-Unit)

SqFt: 1200

Built: 2022

Acreage: 0.31

Lot Size:87x165

Lot Features: 87x165

Construction:HardiPlank Type

Interior:Lighting Recessed, See Remarks, Washer/Dryer Hookup

Parking:Driveway, RV

Zoning:Commercial, Residential Multi-Family

Subdivision:No Named Subdivision

Description

INCOME PRODUCING PROPERTY! This property is the perfect for an investor looking to capitalize on todays short term rental market. Included in the sale of this property are 3 waterfront cottages, and an RV hookup, that had a GRI of $140,000 in 2023 and just over $100,000 in 2024. Additionally, these cottages are built to be mobile. In the event of a storm you could move these rental units offsite and away from the water to minimize your potential losses. This property has direct access to the Apalachicola Bay & is only a short ride across the bridge to St. George Island, home of some of the best beaches in the state of Florida. If you're going to buy an investment property, buy one that allows you to enjoy a view of the Bay while you enjoy your morning coffee!

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