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    104 Skinner Circle Circle

    Fort Walton Beach, FL 32547
    • $425,000
    • STATUS: Pending
    • ON SITE: 11 days
    • MLS #: 877302
    Pending
    UPDATED: 26 min ago
    $425,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY!! This property consists of 8 occupied units spread out on two separate parcels. 104 Skinner Cir is a fourplex of 1 bedroom, 1 bath units with central heat and air. All units are individually metered for water/sewer and electrical and have their own patio space on the front and back of the units. 106 Skinner Cir consists of four mobile homes with 2 bedrooms and 1 bath. All units rent very quickly and cash flow nicely bringing in over $50,000 gross rent per year! Fourplex units can be updated as tenants move out and rents increased, if desired. The mobile homes could be removed and possibly another fourplex built on the lot to maximize profits. So many options with this awesome investment opportunity! ***MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT ALL HIGHESTAND BEST OFFERS WITH PROOF OF FUNDS/PREAPPROVAL LETTER BY 5:00 PM ON 7/22/21**

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    © 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2021-07-31T17:59:53.083.
    www.coastalsandsproperties.com/homes/119475133
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    104 Skinner Circle Circle Fort Walton Beach, FL 32547

    • Price: $425,000
    • Status: Pending
    • Updated: 26 min ago
    • MLS #: 877302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    Neighborhood:
    Fort Walton Beach
    County:
    Okaloosa
    Area:
    Fort Walton Beach
    Property Description
    GREAT INVESTMENT OPPORTUNITY!! This property consists of 8 occupied units spread out on two separate parcels. 104 Skinner Cir is a fourplex of 1 bedroom, 1 bath units with central heat and air. All units are individually metered for water/sewer and electrical and have their own patio space on the front and back of the units. 106 Skinner Cir consists of four mobile homes with 2 bedrooms and 1 bath. All units rent very quickly and cash flow nicely bringing in over $50,000 gross rent per year! Fourplex units can be updated as tenants move out and rents increased, if desired. The mobile homes could be removed and possibly another fourplex built on the lot to maximize profits. So many options with this awesome investment opportunity! ***MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT ALL HIGHESTAND BEST OFFERS WITH PROOF OF FUNDS/PREAPPROVAL LETTER BY 5:00 PM ON 7/22/21**
    Exterior Features

    Lot Depth 150.00 Lot Dimensions 165 X 150 Lot Frontage 165.00

    Interior Features

    Income Producing Property Type Multi-Family Multi Family Num Units 8

    Property Features

    As Is Yes Immediate Occupancy No Income Producing Annual Gross Income 50100.00 Income Producing Cap Rate 9.50 Income Producing Net Operating Income 44450.00 Income Producing Year Built 1973 Listing Board Emerald Coast Multi Family Year Built 1973 Vacant No Zoning Multi/Trailer

    Listing courtesy of Nexthome Cornerstone Realty.


    © 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Data last updated: 2021-07-31T17:59:53.083.
     
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    Santa Rosa Beach FL, 32549