$705,000

About This Property

Seller will review all offers. This rarely available quadplex offers an incredible opportunity for steady income and long-term growth, set on an oversized lot of nearly half an acre. Flood insurance is assumable, adding an extra layer of security for the new owner and offering peace of mind in the event of a storm. The property features four 1-bedroom, 1-bath units, each with its own screened lanai and unscreened patio, perfect for outdoor enjoyment. Each unit also includes 2 designated parking spaces, ensuring convenience for tenants and guests. Residents have access to a common laundry building that provides additional storage closets with locks for each tenant, offering extra space for personal belongings. Plus, everyone can take advantage of the two boat docks, one equipped with water and electricity, making this a perfect waterfront retreat. For added value, the property includes an 805 sq ft garage with a half bath, which features a toilet and sink, along with a 200-amp electrical panel—ideal for storage or a potential workshop. The hurricane-resistant garage windows provide extra protection, and an additional 6ft x 12ft storage shed offers even more space for tools or equipment. The property has been meticulously maintained, with a new roof installed in 2018 across all four units, ensuring long-term durability and peace of mind for years to come. Currently, each unit is rented on a month-to-month basis, with tenants who have been in place for over a year, providing stable and reliable rental income. This quadplex is a rare find, offering substantial land, waterfront amenities, and a well-established tenant base—making it an ideal addition to any investor’s portfolio. Don't miss out on this prime opportunity to own a property with exceptional potential and long-term value.

infoProperty Details

Property Type

Quadruplex

Year Built

1961

Lot Size

0.46 acres

Bedrooms

4

Bathrooms

5

Days on Market

273

Cumulative DOM

360

List Date

Jan 13, 2025

Sold Date

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

John R Wood Properties

239-280-2000