Rare, fantastic investment that has potential for a greater than 10% return! Well-situated on a huge third of an acre bordering the edge of Topsail Hill State Preserve, this unique multi-use home provides a sanctuary for multiple families with several lock-outs and apartments, a pool, and game rooms, etc. Lots to watch from the various porches overlooking Topsail Hill State Park with deer and other wildlife roaming, eagles & hawks hunting as well as the Gulf of Mexico! Privacy & seclusion galore! This property was originally built and used as a second home only, never rented and original owner! It would make an excellent Bed & Breakfast or Air BnB as it has many separate apartments, each with kitchen facilities. Fully furnished. Just a few houses over to the30A bike path! Closest beach accesses are aTopsail Hill State Park and Stallworth Preserve at end of So. Bishop. Rental projection approximates $100K.
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.
Listing information last updated on May 30th, 2020 at 7:18pm CDT.