Average square foot calculated using Size range provided by listing agent.
Description
Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72, 000/year in income with a NOI of $59, 000, this property boasts a Cap Rate of over 10%—a rare find! The property includes a single-family home plus two additional separate rental buildings and RV spaces, all sitting on over an acre of waterfront land along the Taylor Creek Canal with direct access to Lake Okeechobee and the ocean. Recent upgrades include a new electric system, new well, and a 15-year silicone-coated roof for low-maintenance durability. Whether you're looking for a solid investment opportunity or a primary residence with income potential, this property checks all the boxes. Don’t miss out!Show Description
MLS® NumberF10528626
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorOther
GarageNo
Approx. Age1997
Basement
DrivewayDriveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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