Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 510,000
Est. payment | /mo

Save
$ 510,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 950121

Property Description

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates.Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

Location

State FL

County Walton

Area 20 - Freeport

Listed by Taylor Allen Properties LLC
agent-avatar

Find out why customers are choosing LPT Realty to meet their real estate needs

Learn More About LPT Realty

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Tour the Home

621 Live Oak Street Street