$1,550,000
Totally updated income generating building! Walk to the beach! This two-story, 4, 162 sf multifamily building sits on a 5, 500 sf lot and offers immediate income! The property features 4 spacious units, each a 2-bedroom / 2-bathroom residence, all currently leased on 12-month agreements. Current annual income:$112, 800 projected annual income: $124, 000 noi: $71, 447 cap rate: 4.61% fully updated in 2019, including completion of the 40-year certification. New roof installed with permits in january 2026, offering long-term peace of mind. Unit features: hurricane-impact windows and doors, recent interior paint, porcelain flooring, in-unit washer/dryer combos, stainless-steel appliances, open-concept kitchens, and a well-maintained garden with secured fencing. Situated in a high-demand rental area near the upcoming town center redevelopment, surrounded by new luxury high-rises—a strong catalyst for future appreciation and tenant demand.Walk to the beach, restaurants, public transit, schools. And close to the normandy shores golf course. Please do not bother the tenants