About 8 Ne Gipson Place
Check out this rare opportunity in Fort Walton Beach to own an 8 unit multi-family property just under one mile from the coast penciling at a 12% cap rate. Seaside Escapes features 8 separate studio & 1 BR units each themed, furnished, and marketed as Short Term Rentals. Each cozy cottage features a living area, queen bed, closet, kitchenette, full bath & a dedicated workspace. The property was recently renovated in 2021. Renovations include new roof, electrical, HVAC, plumbing, windows, doors, trim, flooring, and all new furnishings. This place has everything you need to start your journey as a short-term rental owner or would make a great addition to an existing portfolio. Property is centrally located only a few blocks from downtown, minutes to the Gulf of Mexico & near Eglin AFB.
This property located within the subdivision in FORT WALTON BEACH is priced at
248/sq. ft. and has been on the market for 22 days. 8 Ne Gipson Place is 4792
square feet of living space and has
and
The average list price of properties in this same area is $474,750.