• Asking Price $1,872,000
  • 163 W GULF BEACH DR EASTPOINT, FL 32328

  • 2 Baths 4,140 SqFt
  • Vacant Land / Resale (MLS)

Property Details for 163 W GULF BEACH DR, EASTPOINT, FL 32328

Features

  • Price/sqft: $452
  • Lot Size: 3379 sq. ft.
  • Roof Type: GABLE OR HIP
  • Heating: 4

Facts

  • Year Built: 01/01/2001
  • Property ID: 890376995
  • MLS Number: 316872
  • Parcel Number: 29-09S-06W-7311-005W-0010
  • Property Type: Vacant Land
  • County: FRANKLIN
  • Legal Description: UNIT 1 BL 5E LOTS 1 2 OR/111/126 601/34-47 610/465 708/7 824/607 1226/174
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a residence of equal size. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent is $4000/month. A SUBWAY national lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600. The Subway building had a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee. Price represents the Zillow Estimates for value of the first floor ($1,004,000) and the second floor ($868,000).

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Copyright © 2024 Realtor® Association of Franklin & Gulf Counties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.