Discover a lucrative investment with this fully occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin
Discover a lucrative investment with this fully occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin
Features
Building and Construction
Absolute Longitude: 80.587204
Construction: Block, CBS
Exterior Features: Deck
Flooring: Terrazzo Floor, Vinyl Floor
Roof: Comp Shingle
Sqft Source: Appraisal
Sqft Total: 2591.00
Total Building Sqft: 2591.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: 1/2 to < 1 Acre, Public Road
Lot Dimensions: 90 x 270
Subdivision Information: None
Eco-Communities
Private Pool: Yes
Storm Protection: None
Waterfront Details: Intracoastal, River
Utilities
Carport Spaces: 0.00
Cooling: Central
Heating: Central
Number Of Stories: 1.0
Separate Elec Meters: Yes
Separate Wtr Meters: No
Utilities: Electric, Public Water, Public Sewer, Cable
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 47015.00
Income Expenses Annual Total Expense: 12985.00
Income Expenses Gross Operating Inc: 60000.00
Source Of Expenses: Owner, Other
Tax Year: 2024
Rental Information
Tenant Pays: Electric, Cable
Other Features
Avail Info: Leases
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: HIGH POINT UNREC SUBD N 90 FT OF S 515 FT OF E 341.65 FT OF LOT 1 W OF HWY 1 & EXTENDED TO INDIAN RIVER EX US HWY 1 R/W
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