100 S 39th St - Apartments FOR SALE


Mexico Beach, FL 32456
$2,300,000 USD
850-338-6656
100 S 39th St, Mexico Beach, FL for Sale
$2,300,000 USD
Apartments - FOR SALE
1/45
null | 6.96% Cap Rate

100 S 39th St
Mexico Beach, FL 32456


HIGHLIGHTS

  • The quadplex is 100% leased, generating a gross income of $170,000 in 2023, with potential earnings of $200,000.
  • Each unit includes 2 bedrooms and 3 bathrooms, with a new roof, fresh flooring, and new furniture for a contemporary feel.
  • Just a short walk to pristine Gulf beaches, offering easy access to sunbathing, swimming, and local dining and shopping.
  • Units feature high-speed Wi-Fi, flat-screen TVs, central air conditioning, private patios or balconies, and dedicated parking spaces.

OVERVIEW

Welcome to your ideal vacation destination in Mexico Beach, Florida! This recently updated quadplex features four charming units, each with 2 bedrooms and 3 bathrooms. Perfect for groups or families seeking a memorable beach escape, this property combines stylish updates with a prime location just steps from the Gulf of Mexico. Modern updates abound, as each unit has a brand-new roof, modern air conditioning, fresh flooring, and stylish new furniture, allowing you to enjoy a contemporary, comfortable stay with all the amenities you need. Each unit boasts a spacious layout with 2 bedrooms and 3 bathrooms, providing ample space for relaxation and privacy. Open-concept living areas are designed for easy socializing, while private bedrooms ensure restful retreats. Bright and airy, each unit features tasteful coastal decor. Living spaces are comfortably furnished, and fully equipped kitchens include modern appliances and ample counter space for all your culinary needs. Step outside to private patios or balconies where you can unwind and soak up the beautiful surroundings, enjoying alfresco dining, morning coffee, or simply basking in the sun. Just a short walk from the pristine Gulf beaches, you’ll have easy access to sunbathing, swimming, and water activities. Explore local dining, shopping, and attractions in the charming Mexico Beach area. Each unit includes high-speed Wi-Fi, flat-screen TVs, and central air conditioning, ensuring a comfortable and connected stay. Ideal for large groups or multiple families traveling together, this quadplex offers flexibility and convenience, with each unit providing the comforts of home. Escape to Mexico Beach and experience the perfect blend of modern amenities, coastal charm, and profitable investment potential. Whether you seek relaxation or adventure, this updated quadplex offers the ultimate beachside retreat. Book your stay or investment opportunity today and enjoy the best of Florida’s Gulf Coast!

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$436 USD /SF

# OF UNITS

4

PRICE/UNIT

$575,000

CAP RATE

6.96%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sandbucket

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

TCOM

APN/PARCEL ID

04661-000-000,04661-010-000,04661-030-000,04661-040-000

ASK ABOUT THIS PROPERTY

Zacarias SanchezThink Real Estate LLCMore Info
850-338-6656

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Zacarias SanchezThink Real Estate LLCMore Info
850-338-6656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.