206 Watermark Way - Multi-Family FOR SALE


Port Saint Joe, FL 32456
$2,060,000 USD
850-227-5569
206 Watermark Way, Port Saint Joe, FL for Sale
$2,060,000 USD
Multi-Family - FOR SALE
1/73
null | Request Cap Rate

206 Watermark Way
Port Saint Joe, FL 32456


OVERVIEW

Turn key quadplex across the street from the Gulf of America. Each unit is a 2 bedroom 1 full and 1/2 bath with an open floor plan and gulf views. These completely furnished units has a covered front porch, second story covered deck off of a top bedroom with Gulf of America views. Need to entertain or just want extra space? There is a spacious back patio that is partitioned for privacy, large back yard, and side covered parking gives the property many options for added features or expansion versus similar beach multi unit residences. There is a recorded beach access pedestrian easement for easy beach access right across the street. Conveniently located equidistant between Port St Joe and Mexico Beach for a variety entertainment options. The subdivision is decades old and has its own ingress and egress road with no thru traffic. NO HOA!! All units are in an X flood zone per the Gulf PA website, part of the added covered parking is in an AE zone. Verify if important. Some dimensions taken from the Gulf County Property Appraiser's website, please verify if important.

FOR SALE DETAILS

PRICE

$2,060,000 USD

PRICE/SF

$503 USD /SF

# OF UNITS

4

PRICE/UNIT

$515,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

206-212 Watermark Way

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

County

APN/PARCEL ID

04255-031R

ASK ABOUT THIS PROPERTY

Jay RishRish Real Estate GroupMore Info
850-227-5569

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Jay RishRish Real Estate GroupMore Info
850-227-5569

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