Property Details

Listing # 947859 Details

$1,190,000
8 NE Gipson Place
Fort Walton Beach, FL 32548

Property Inquiry

Contact Crystal Ball about this property!

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Sq Ft. N/A
Built N/A

Property Details

Check out this rare opportunity in Fort Walton Beach to own an 8 unit multi-family property just under one mile from the coast penciling at a 12% cap rate. Seaside Escapes features 8 separate studio & 1 BR units each themed, furnished, and marketed as Short Term Rentals. Each cozy cottage features a living area, queen bed, closet, kitchenette, full bath & a dedicated workspace. The property was recently renovated in 2021. Renovations include new roof, electrical, HVAC, plumbing, windows, doors, trim, flooring, and all new furnishings. This place has everything you need to start your journey as a short-term rental owner or would make a great addition to an existing portfolio. Property is centrally located only a few blocks from downtown, minutes to the Gulf of Mexico & near Eglin AFB.

COUNTY Okaloosa
SUBDIVISION N/A
PARCEL ID 13-2S-24-2030-0002-00I0
TYPE Commercial Sales
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE 50x100
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES N/A
PROJECT FACILITIES N/A
ZONING N/A
PARKING FEATURES N/A
APPLIANCES N/A
ENERGY N/A
INTERIOR N/A
EXTERIOR N/A
ROOM DIMENSIONS N/A

Schools

Elementry, N/A
Middle, N/A
High, N/A

Location & Map

From hwy 98, north on Eglin parkway, Left on Hollywood, Right on Gipson Place, Complex on left.