1070 Bayshore Rd, Gulf Breeze, FL 32563
- $2,200,000
- 2
- BD
- 1
- BA
- 957
- SqFt
- Sold Price
- $2,200,000
- List Price
- $2,300,000
- Closing Date
- Dec 20, 2024
- MLS#
- 654479
- Status
- SOLD
- Type
- Multifamily
- Year Built
- 1984
- City
- Gulf Breeze
- Subdivision
- Bayshore
- Bedrooms
- 2
- Bathrooms
- 1
Property Description
Welcome to Bayshore Apartments, a prime investment opportunity in a highly desirable location. This well-maintained 14-unit community offers an exceptional combination of modern amenities and strong rental demand, making it an ideal addition to any multifamily investment portfolio. Each of the 14 units (957 Sq Ft each) features a spacious 2-bedroom, 1-bathroom floor plan, designed with comfort and style in mind. With annual gross potential rent of $243,600, the apartments have been thoughtfully updated with contemporary kitchens and bathrooms, ensuring that residents enjoy a fresh, modern living experience. Additionally, each unit boasts a private balcony or patio, providing residents with their own outdoor retreat to relax and enjoy the surroundings. The property also offers abundant parking, a valuable feature that enhances tenant satisfaction and convenience. Located in a thriving community with easy access to local amenities, employment centers, and top-rated schools, Bayshore Apartments offers both immediate income and long-term investment potential. The combination of updated features, newer roofs, newer impact resistant windows, high occupancy, abundant parking, and strong rental income makes this property a valuable asset for any multifamily investor looking to capitalize on a stable and growing market. Don’t miss this opportunity to secure a profitable investment in a sought-after location.
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Additional Information
- High School
- Gulf Breeze
- Living Area
- 957
- Lot Description
- Interior Lot
- Interior Features
- Ceiling Fan(s), High Speed Internet
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central, Fireplace(s)
- Exterior Features
- Balcony
- Waterfront Type
- None
- Waterfront Description
- None
- Roof
- Shingle
- Pool Description
- None
- Parking
- Assigned, Guest
Mortgage Calculator
Listing courtesy of Levin Rinke Realty. Selling Office: PAR Outside Area Listing Office.