1120 Mack Bayou Road, - Mack Bayou, FL 32459

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    MLS#: 728321 ( Commercial )
  • Street Address: 1120 Mack Bayou Road
  • Viewed: 4
  • Price: $798,000
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 996
    Additional Information
  • Walkscore: 2
  • Geolocation: 30.3919 / -86.3044
  • County: WALTON
  • City: Mack Bayou
  • Zipcode: 32459
  • Provided by: Century 21 Blue Marlin Pelican
Comments
  • JUST REDUCED! CAP Rate; at asking price: Approx 7%. INVESTMENT OPPORTUNITY AT ITS BEST! An Oasis of fully leased $70,000 income producing property!*** Own a (three building) large waterfront parcel of land(.82 acres), including 5 rental properties, all currently under lease. All 5 rental properties ALL are newly renovated and average together approx. $70,000 a year in gross rental income. This lot has 100 feet of water frontage, dock in place on Mack Bayou, 2 sewer taps, 2 water taps, and the south side of property is adjacent to state owned land. Also conveniently located to the beach, bay, Sacred Heart Hospital, shopping, restaurants, and more!
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