Income Producing 99 Year Land Lease
Vacant Land
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30847923 |
| Gross Land Area: |
0.66 Acres
|
| Sale Price: |
$695,000 |
| Unit Price: |
$1,053,030 Per Acre |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/30/2023 |
Overview / Comments
The property consists of a 120 ft by 240 ft parcel of land with a community
swimming pool. There are 51 recreational leases payable at $125 per month per lease for a gross scheduled income of approximately $76,500 per year PLUS a 2 bedroom, 1.5 bath townhome that has a scheduled gross income of $16,800 per year.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Okaloosa |
| Tax ID/APN: |
05-2S-23-2080-0034-0020 |
| Property Located Between: |
11th Street and 12th Street |
| Legal Description: |
PORT DIXIE COM AT SW COR OF BLK 34 N 120 FT E 90 FT TO POB
N 120 FT E 240 FT S 120 FT W 240 FT TO POB
|
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,017 |
25,111 |
65,316 |
| Median Age: |
42.64 |
41.5 |
39.54 |
| Households: |
2,476 |
10,786 |
27,915 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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