Residential

602 W 8th St
Carrabelle, FL 32322

$925,000

Bedroom 12 bedrooms
Full Bathroom 8 full baths
Half Baths 4 half baths


Location Location

Agent Comments Agent Comments
Attention Investors! A 4-unit complex was just renovated in the City of Carrabelle. This convenient location will give occupants easy access to all the amenities Carrabelle has to offer, such as the IGA Grocery store, hardware, restaurants, and more. The building has undergone extensive remodeling, including a new roof, appliances, and paint. It is a concrete structure with concrete walls between the four units. Each unit has three large bedrooms and one and a half bathrooms. The seller will offer financing to qualified buyers. Terms include a 20% down payment, an interest rate of 8.5%, an amortization period of 30 years, and a balloon payment after 10 years. This property is a long-term rental. Annual GRI is $64,800.

Amenities Amenities
  • Refrigerator
  • Electric Oven
  • Electric Water Heater

Interior Features Interior Features
  • Cool System: Central Electric, Ceiling Fan(s)
  • Heat System: Heat Pump
  • Floors: Laminate
  • Interior: Woodwork Painted

Exterior Features Exterior Features
  • Parking: Space/Unit
  • Roof: Shingle
  • Pool: None

Additional Features Additional Features
  • Property Type: Townhouse,Dup/Tri/Quad (Multi-Unit)
  • Water/Sewer: Public
  • Stories: 2
  • Year Built: 1981