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Key Details
Sold Price $156,000
Property Type Single Family Home
Sub Type Florida Cottage
Listing Status Sold
Purchase Type For Sale
Square Footage 3,196 sqft
Price per Sqft $48
Subdivision Metes And Bounds
MLS Listing ID 827317
Sold Date 11/01/19
Bedrooms 7
Full Baths 4
Construction Status Construction Complete
HOA Y/N No
Year Built 1958
Annual Tax Amount $393
Tax Year 2017
Lot Size 1.000 Acres
Acres 1.0
Property Description
Investors special with 3 Separate dwellings on the 1 ACRE property. 15% RETURN ON INVESTMENT! Located on Bay Loop and just outside of the Hammock Bay entrance on Co Hwy 83A. All THREE dwellings are occupied. #553 is the Cottage with 3 bedrooms, 1 bathroom, septic tank, and private well. #561 MH has 3 bedrooms, 2 bathrooms, septic tank, and public water. #579 MH on the back of the property has 2 bedrooms, 1 bathroom, septic tank, and public water. Current rents are $1,000/$1,200/$700. All dwellings have washer/dryer hook ups. Renovated properties end of 2017 with roofs, well, HVAC, appliances, flooring, and much more! Bike/Walk path along the property's edge runs Bay Loop Road and into Hammock Bay.
Location
State FL
County Walton
Area 20 - Freeport
Zoning County,Resid Multi-Family
Rooms
Kitchen First
Interior
Interior Features Floor Laminate
Appliance Refrigerator, Stove/Oven Electric
Exterior
Exterior Feature Fenced Lot-Part, Porch, Porch Screened, Yard Building
Pool None
Utilities Available Electric, Private Well, Public Water, Septic Tank
Private Pool No
Building
Lot Description Interior, Level, Wooded
Story 1.0
Structure Type Foundation Off Grade,Roof Metal
Construction Status Construction Complete
Schools
Elementary Schools Freeport
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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Bought with ERA American Real Estate
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DeAnna Nichols
Broker Associate | License ID: AL 93966 FL BK3611503
Broker Associate License ID: AL 93966 FL BK3611503