Freeport, FL 32439,621 Live Oak Street Street
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Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
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621 Live Oak Street Street Freeport, FL 32439


UPDATED:

10/13/2024 02:43 AM

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 950121

Property Description

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates.Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

Location

State FL

County Walton

Area 20 - Freeport


Listed by Taylor Allen Properties LLC

Jennifer Hatcher

Advisor | License ID: 3132696

+1(850) 685-8243

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621 Live Oak Street Street