510 W 8th St Active Save Request In-Person Tour Request Virtual Tour
Carrabelle,FL 32322
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $212
Subdivision Picketts Add
MLS Listing ID 320811
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 are at $95,856. Schedule a tour today!
Location
State FL
Zoning Residential Multi-Family
Interior
Heating HVAC
Cooling Central Electric,Heat Pump,Ceiling Fan(s)
Flooring Luxury Vinyl,Plank
Inclusions Everything as seen
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Sewer Public Sewer
Others
Virtual Tour https://tour.usamls.net/510-W-8th-St-Carrabelle-FL-32322--320811/unbranded