1656 Scenic Gulf Dr - Apartments FOR SALE


Destin, FL 32550
$2,800,000 USD
850-960-8808
1656 Scenic Gulf Dr, Destin, FL for Sale
$2,800,000 USD
Apartments - FOR SALE
1/106
null | Request Cap Rate

1656 Scenic Gulf Dr
Destin, FL 32550


OVERVIEW

PRIME INVESTMENT OPPORTUNITY RIGHT ACROSS FROM THE GULF! This versatile 4-plex features two 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units, offering exceptional rental income potential in the highly sought-after Miramar Beach area. A private pool enhances the property's appeal, making it ideal for vacationers and long-term tenants alike. Best of all, NO HOA fees, allowing for greater profitability! Located just steps from the pristine white sand beaches of the Gulf, this property is perfectly positioned near shopping, dining, and local attractions. Whether you're looking to expand your portfolio or secure a short-term rental hotspot, this 4-plex is a rare find on Scenic Gulf Drive. Don't let this opportunity slip away!

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$670 USD /SF

# OF UNITS

4

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1656 Scenic Gulf Dr

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

32-2S-21-42260-000-0221

ASK ABOUT THIS PROPERTY

Carl AllenCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-960-8808

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Carl AllenCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-960-8808

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