Carrabelle, FL Commercial Property For Sale
Property Type:
Commercial / Multi Family
Price: $898,000
Status:
Active
Days on Website:
337
Sqft: 4,672
Lot Size: 100 x 109
Year Built: 1981
Subdivision: Picketts Add
Address:
510 W 8th St, 1,2,3,4
Area:
Carrabelle,
FL
MLS #:
320811
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Description:
Check out this big price reduction! Presenting Rivers Rae, a premium four unit investment property offering unparalleled potential for both long-term stability and high-income short-term rental returns. Nestled in the quiet, scenic town of Carrabelle on Florida's Forgotten Coast, this completely renovated four-unit townhome building is perfect for savvy investors. With modern upgrades, high rental income potential, and a location that appeals to beach lovers, outdoor enthusiasts, and vacationers, Rivers Rae is an exceptional opportunity for growth. Renovations: all new electric, plumbing, windows, exterior and interior doors, lighting, water heaters, bathrooms, luxury vinyl plank flooring. Newly configured Eat-in-Kitchen with breakfast bar, appliance packages that include dishwasher, stove, microwave and refrigerators with solid surface countertops over clean white cabinetry. Crown molding, recessed lighting, neutral tones, and tall vanities add sophistication and comfort. Inviting backyards with covered patio and privacy fencing. All units are fully furnished and turnkey ready for short term or long-term rentals. 2025 Bookings are at $99,500. Schedule a tour today!
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Features for 510 W 8th St 1234, Carrabelle:
Listing courtesy of Coastal Realty Group-carrabelle
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Map and related commercial property for sale:
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