1070 Bayshore Rd Pending

Gulf Breeze,FL 32563

$ 2300000

2 Beds

1 Bath

13398 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 13,398 sqft

Price per Sqft $171

Subdivision Bayshore

MLS Listing ID 654479

Bedrooms 2

Full Baths 1

HOA Y/N No

Originating Board Pensacola MLS

Year Built 1984

Property Description

Welcome to Bayshore Apartments, a prime investment opportunity in a highly desirable location. This well-maintained 14-unit community offers an exceptional combination of modern amenities and strong rental demand, making it an ideal addition to any multifamily investment portfolio. Each of the 14 units (957 Sq Ft each) features a spacious 2-bedroom, 1-bathroom floor plan, designed with comfort and style in mind. With annual gross potential rent of $243,600, the apartments have been thoughtfully updated with contemporary kitchens and bathrooms, ensuring that residents enjoy a fresh, modern living experience. Additionally, each unit boasts a private balcony or patio, providing residents with their own outdoor retreat to relax and enjoy the surroundings. The property also offers abundant parking, a valuable feature that enhances tenant satisfaction and convenience. Located in a thriving community with easy access to local amenities, employment centers, and top-rated schools, Bayshore Apartments offers both immediate income and long-term investment potential. The combination of updated features, newer roofs, newer impact resistant windows, high occupancy, abundant parking, and strong rental income makes this property a valuable asset for any multifamily investor looking to capitalize on a stable and growing market. Don’t miss this opportunity to secure a profitable investment in a sought-after location.

Location

State FL

County Santa Rosa

Zoning Res Multi

Rooms

Kitchen Laminate Counters

Interior

Interior Features Ceiling Fan(s),High Speed Internet,Walk-In Closet(s)

Heating Central,Fireplace(s)

Cooling Ceiling Fan(s),Central Air

Flooring Tile

Fireplace true

Appliance Electric Water Heater,Dishwasher,Refrigerator

Exterior

Exterior Feature Balcony

Garage Assigned,Guest

Fence Back Yard

Pool None

Waterfront No

Waterfront Description None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Interior Lot

Faces Take US-98 East from the Pensacola Bay Bridge for 7.4 Miles. Turn left onto Bayshore Road. Turn right into Bayshore Apartments. *Guest parking located on the left*

Story 2

Water Public

Structure Type Frame

New Construction No

Others

Tax ID 362S290000009000000

Security Features Smoke Detector(s)

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