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12507 1ST ISLE

Multi-family Recently Sold
$330,000

BTC: 11.00000000

ETH: 165.00000000

Sold on: 2023-06-26
8 days
Waterfront
2 bds
1,224 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

THIS IS AN OUTSTANDING OPPORTUNITY INVESTMENT. THIS 1 bedroom /1 bathroom, in each of the 2 units apartment, WATERFRONT DUPLEX is currently available at Leisure Beach. Located at the end with a Boat Dock of the canal and with access to the Gulf of Mexico. Excellent property that needs updating and with fair market value tenants in place can yield a really good cap rate and be worth much more as an income property. Apartment #1 currently has a hold over tenant and apartment #2 is currently vacant. Then rent in apartment one has not had a rent increase in years so the rent is way under value. The roof was done within the last 4-5 years, Wall AC units are about 2-3 years old and hot water heaters are roughly 2 years old. This property is an Estate Sale and is being sold "AS IS".

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1970
Lot:
0.14 Acres
Heating:
Electric / Wall Units / Window Unit
Price/sqft:
$270
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Electric

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Property

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 162504004.0000.00202.0

    • Zoning: MF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,601

  • Source details

    • MLS ID: U8200690

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Waterfront: Yes

    • Living Area: 1224

    • Water Source: Public

    • Subdivision Name: LEISURE BEACH

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALNET BROKERAGE