5012 Gulf Drive, Unit 1
$1,900,000
8
8
3,500
3,500
$543
New
Description
Investment Opportunity: Beachside Quadplex Discover a prime investment opportunity with this turnkey quadplex, perfectly situated across a quiet street from the beach and directly at the public access. This multifamily complex is not just a property; it's a lucrative rental machine with a proven track record of success, boasting 5-star reviews on Airbnb.- Four Units, Each with 2 Bedrooms and 2 Full Baths: Ideal for attracting vacationers and long-term renters alike.- Amenities: Enjoy a refreshing...Investment Opportunity: Beachside Quadplex Discover a prime investment opportunity with this turnkey quadplex, perfectly situated across a quiet street from the beach and directly at the public access. This multifamily complex is not just a property; it's a lucrative rental machine with a proven track record of success, boasting 5-star reviews on Airbnb.- Four Units, Each with 2 Bedrooms and 2 Full Baths: Ideal for attracting vacationers and long-term renters alike.- Amenities: Enjoy a refreshing pool and the convenience of no HOA fees, maximizing your investment returns.- Recent Upgrades: All-brick construction with two layers of elastomeric stucco and paint, plus a brand-new 2024 standing seam metal roof. Water heaters replaced in 2021 and modernized windows and doors ensure low maintenance.- Modern Interiors: Updated LVP flooring with thicker rubber backing for durability and comfort.- Proven Rental Success: This property consistently generates strong rental income, supported by its stellar 5-star Airbnb reviews from satisfied guests.- Ample Parking: A spacious lot with 10 designated spots (2 per unit), plus additional space for vendors or overflow. This property requires minimal upkeep with no grass or lawn service, making it an attractive option for hassle-free ownership. Financials are available upon request. Don't miss this chance to own a profitable condo complex while avoiding rising HOA fees and assessments. Invest in your future today! Seller is willing to sell only two units inquire if Intrested.
- Listed by Sandi Smith • Dalton Wade Inc
Property Details for 5012 Gulf Drive, Unit 1
Waterfront
No
Parking FeaturesAdditional Parking, Paved
Subdivision Name[No Recorded Subdiv]
ViewGulf
ViewYes
LISTING UPDATED: 12/17/2024 10:53 AM
Property Details for 5012 Gulf Drive, Unit 1
Status | Active |
---|---|
MLS # | 766283 |
Days on Market | 1 |
Taxes | $750 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Quadruplex |
Year Built | 1973 |
Lot Size | 0.21 AC / 8,960 SF |
County | Bay County |
Building Information for 5012 Gulf Drive, Unit 1
Stories2Residences4Year Built1973Building Size-Lot Size0.21 AC / 8,960 SF
Property Information for 5012 Gulf Drive, Unit 1
Property History for 5012 Gulf Drive, Unit 1
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5012 Gulf Drive, Unit 1
Taxable ValueLand-Additions$56,760Total-
Tax Record2023$750 ($62 / month)
Home Facts
Beds2Total Finished SqFt688 SqFtAbove Grade Finished SqFt688 SqFtStories1StyleCondominiumYear Built1973CountyBAYAPN32256-010-000
Schools near 5012 Gulf Drive, Unit 1
This home is within Bay.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Patronis Elementary School PublicK to 5 | ||
Surfside Middle School Public6 to 8 | ||
J.R. Arnold High School Public9 to 12 | ||
St. Andrew School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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