Photo 1 of 1
$1,100,000
Sold on 1/12/15
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
6.00 |
5,292 |
$15,678 |
1970 |
On the market:
403 days
|
View full details, 15 photos, school info, and price history
Island House Apartments on Manasota Key. A gulf front complex of 6 rental units in a 2 story structure directly overlooking the beach with 3 units per floor. The complex has an established clientele, many customers return here year after year. It has an excellent income stream, well over 10% cap rate. Information available to qualified buyers. The building was freshly painted inside and out recently and a new roof installed in 2011. For the property owner interested in living on-site, there is a bayfront 2/2 single family home available at 2585 N Beach Road right across the road. For a closer look at the bayfront home, which is separately listed for $499,000, please refer to MLS # D5795749 for complete details. Either of these properties may alsobe purchased separately.
Listing courtesy of David Lipstein, MANASOTA KEY REALTY INC