Photo 1 of 25
$360,000
Sold on 12/17/14
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
4.00 |
0 |
$5,075 |
1946 |
|
On the market:
41 days
|
View full details, 15 photos, school info, and price history
PRIME Historical Site Zoned Commercial. Tons of Potential - Value Add Opportunity........ BEAUTIFUL BAY FRONT VIEWS !!! ... 2 BOAT DOCKS...10,000 lb BOAT LIFT... 140 FEET OF ROAD FRONTAGE IN DOWNTOWN MATLACHA ........140 FEET OF SEAWALL.... METAL ROOFS IN 2006.... HEATED SWIMMING POOL ADDED IN 2002.... Annual gross rental income of $62k Net income of $34k with tremendous opportunity for additional income. 2 Story Duplex, Cottage/Bungalow, Single Family Home..... Potential for Restaurant, Retail, Motel, Mixed uses, Additional Units, etc................. **** Seller Will Hold A Second Mortgage For $100k with FLEXIBLE/CREATIVE TERMS **** EXTRA LARGE PARKING LOTS....... Current rental rates are: $150/night, $850/week, $2,400/month
Listing courtesy of William Noah & Brady McGuire, RE/MAX Anchor Realty & Re/Max Palm Realty
