510 W 8th St Active Save Request In-Person Tour Request Virtual Tour
Carrabelle,FL 32322
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $212
Subdivision Picketts Add
MLS Listing ID 320794
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1981
Lot Size 0.250 Acres
Property Description
Presenting Rivers Rae, a premium multi-unit investment property offering unparalleled potential for both long-term stability and high-income short-term rental returns. Nestled in the quiet, scenic town of Carrabelle on Florida's Forgotten Coast, this completely renovated four-unit townhome building is perfect for savvy investors. With modern upgrades, high rental income potential, and a location that appeals to beach lovers, outdoor enthusiasts, and vacationers, Rivers Rae is an exceptional opportunity for growth. Renovations: all new electric, plumbing, windows, exterior and interior doors, lighting, water heaters, bathrooms, luxury vinyl plank flooring. Newly configured Eat-in-Kitchen with breakfast bar, appliance packages that include dishwasher, stove, microwave and refrigerators with solid surface countertops over clean white cabinetry. Crown molding, recessed lighting, neutral tones, and tall vanities add sophistication and comfort. Inviting backyards with covered patio and privacy fencing. All units are fully furnished and turnkey ready for short term or long-term rentals. 2025 bookings at $95,856. Schedule a tour today!
Location
State FL
Zoning City,Residential Multi-Family
Interior
Heating Central Electric,Heat Pump
Cooling Central Electric,Heat Pump,Ceiling Fan(s)
Flooring Luxury Vinyl,Plank
Inclusions Everything as seen
Laundry Washer/Dryer Hookup
Exterior
Exterior Feature Renovated
Parking Features Space/Unit
Garage Spaces 8.0
Fence Back Yard,Privacy
Pool None
Utilities Available Cable Available,Electricity Connected,Internet Available,Sewer Connected,Water Connected,Private Trash
Roof Type See Remarks,Shingle
Building
Lot Description Level,Within 1/2 Mile of Water
Story 2
Foundation Slab,On Grade
Sewer Public Sewer
Others
Special Listing Condition As Is
Virtual Tour https://tour.usamls.net/510-W-8th-St-Carrabelle-FL-32322/unbranded