Triplex
11 E Pine Lands Loop UNIT C
Inlet Beach , FL 32461
MLS#: 983805
$1,400,000

Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
2017
Sq.Footage
1,293
Rare opportunity in Prominence on 30A! Here's your chance to purchase two income producing 2 BR | 2 BA townhomes each offered individually at $749K, or available together as a savvy investment package for $1.4M. .With a combined income total exceeding $120K, this is an exceptional investment opportunity in one of 30A's most desirable communities. This property delivers strong income potential with an impressive 8.67% gross cap rate and a 6% net cap rate. Fully furnished and turnkey, it's positioned for immediate cash flow. Not located side by side, these homes offer flexibility for owners and investors--use one as a personal retreat while generating income from the other or maximize your investment portfolio and purchase both. Properties are professionally decorated and being sold fully furnished. Each conveys with a six-seater golf cart and FOUR beach cruiser bikes. Located on opposite sides of the resort-style community pool, these units offer a unique flexibility for owners and investors. Rent one short-term, one long-term or take advantage of accommodating larger groups with added privacy. Whether you're looking for a personal beach retreat, a rental investment, or both, this is an exceptional chance to secure income-producing property in a high-demand market like 30A. Situated in one of 30A's most desirable vacation rental communities, this is a rare opportunity to purchase at some of the lowest prices for these units in years. Two townhomes. One opportunity. Prominence on 30A Buyer to verify all dimensions.
Features & Amenities
Interior
-
Other Interior Features
Pantry
-
Total Bedrooms
4
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Central Air
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Other Exterior Features
Balcony
-
Parking
Garage Door Opener
-
Pool
Yes
-
Pool Features
Outdoor Pool
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Triplex
Price
-
Sales Price
$1,400,000
-
Zoning
Resid Multi-Family
-
Sq. Footage
1, 293
-
Price/SqFt
$1,082
HOA
-
Association
YES
-
Association Fee
$1,632
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
Dune Lakes
-
Middle School
Emerald Coast
-
High School
South Walton
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Walton
Elementary School
Dune Lakes
Middle School
Emerald Coast
High School
South Walton
Listing Courtesy of Lynne Andrews , Christies International Real Estate Emerald Coast
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