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496 Avenue A East Point, FL 32328
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Key Details
Sold Price $299,000
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $143
MLS Listing ID 373343
Style Traditional/Classical
Bedrooms 10
Full Baths 4
Year Built 1940
Lot Size 0.980 Acres
Property Description
**Listed well below recent "AS-IS" appraisal value** Appraisal available upon request. The property has been rezoned and sellers are in the process of parceling the property. 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.
Location
State FL
County Franklin
Area Franklin
Rooms
Family Room 10x8
Dining Room 5X7
Kitchen 8x7
Interior
Equipment Refrigerator, Range/Oven
Exterior
Exterior Feature Traditional/Classical
Parking Features Parking Spaces
Utilities Available Electric
View Bay View
Building
Lot Description Separate Kitchen
Story Story - One
Schools
Elementary Schools Other County
Middle Schools Franklin County Middle School
High Schools Franklin County High School
Others
Acceptable Financing Cash Only
Listing Terms Cash Only
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Bought with Tallahassee Board of REALTORS®