MLS Number A4176395
- Square Feet 3778
- Year Built 1979
- Waterfront 1
- Zoning RMF1
Live on the beach for free! A rare opportunity directly on the gulf of mexico. One of the few properties available fully licensed with mote/hotel zoning. Russell's retreat has 4 turnkey furnished units that have one bedroom, one bathroom, living room and kitchen. "russell's retreat" is a well established complex with many guests booking year after year. Seller says 2015 showed 90 to 92% occupancy. Current gross income is $220, 400 and $155, 600 net income. A piece of paradise. It is within walking distance to a marina, world class fishing, parks, beaches and multiple restaurants. Updates include: 2014: new electric panel, new septic system, new plumbing in all 4 units and laundry room, new flooring in all 4 units. 2013: new kitchens, new bathrooms, 2012 new drywall in all 4 units. Central a/c and hot water heater is less than 5 years old. Usually occupied so do not look in the windows. Do not talk to the tenants.
Listed by ROSEBAY INTERNATIONAL INC
Sold by PARADISE COVE PROPERTIES, INC.