• 496 Avenue A #A EAST POINT, FL 32328

  • $425,000
  • 10
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

Rare opportunity! 1-acre property featuring four small detached single family homes that would make the perfect little Airbnb community. In addition to the 4 homes, there are 2 RV spots with 50 amp hookups. Nestled beneath the scrub oaks and distant view of the Apalachicola Bay, this charming retreat offers endless potential for investors. All four homes are in need of some renovation. Each home awaits your creative touch to restore them to their full glory. With ample space for expansion or additional amenities, this property is a blank canvas awaiting your vision. Don't miss out on this chance to turn these hidden gems into a profitable Airbnb haven. Two of the units have a renters with 1 year leases. The 3/1 is rented for $850 the 2/1 is currently rented for $750 but goes up to $800 5/1. Wind mitigation and 4 point inspections are available upon request. Occupied units can be viewed once under contract. Leases end 12/24 and 04/25. The two unoccupied homes have new windows and one of the units has been gutted, ready for reno. Also, potential for re-zoning and parceling the lot into 2 or 3 separate parcels.

Property Type :

Residential

Subdivision :

Majestic Homes

County :

Franklin

Style :

Residential

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Property Details

 

Flooring Information

Other

Heating & Cooling

Has Heating: Yes

Heating: SpaceHeater

Has Cooling: Yes

Cooling: WallWindowUnits

Building Information

Year Built: 1940

Building Area Total: 2088

Construction Materials : WoodSiding

Stories : 1

Patio And Porch Features : Deck

Private Pool : No

Exterior Features

Exterior Features : Deck

Lot Information

Lot Dimensions: 229X205X229X205

Property Information

Subdivision: N/A

Source Property Type: Residential

Property SubType: MultiFamily

Property Age: 84

Listing Price Information

Original List Price: $425000

Original List Price: $425000

Cash

Tax Information

Parcel Number: 12037-29-08S-06W-0000-0030-0000

Tax Lot: -

Tax Block: -

Annual Tax: $1342

School Information

Elementary School: OTHER

Junior High School: Franklin County Middle School

Senior High School: Franklin County High School

Location Information

Direction: S on 98 to Eastpoint // Right at 2nd St // Property is on the L at the corner of 2nd St and Ave A

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
496 Avenue A, East Point, FL,32328 $385,000 10 4 2,088 --
496 Avenue A, East Point, FL,32328 $360,000 10 4 2,088 --
2036 Pelican Way, East Point, FL,32328 $1,349,000 3 5 2,196 --
1163 Russell Way, East Point, FL,32328 $929,000 6 6 8,500 --
496 Avenue A #A, East Point, FL,32328 $360,000 10 -- -- --

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ByOwner last updated this listing 05/01/2024 @ 23:44

MLS: 369779
LISTED BY: Lauren Womble, Hill Spooner & Elliott Inc
SOURCE: TBRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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