510 W 8th St #1,2,3,4, Carrabelle, FL 32322 (MLS # 320794)

Presenting Rivers Rae, a premium four-unit investment property offering unparalleled potential for both long-term stability and high-income short-term rental returns. Nestled in the quiet, scenic town of Carrabelle on Florida's Forgotten Coast, this completely renovated four-unit townhome building is perfect for savvy investors. With modern upgrades, high rental income potential, and a location that appeals to beach lovers, outdoor enthusiasts, and vacationers, Rivers Rae is an exceptional opportunity for growth. Renovations: all new electric, plumbing, windows, exterior and interior doors, lighting, water heaters, bathrooms, luxury vinyl plank flooring. Newly configured Eat-in-Kitchen with breakfast bar, appliance packages that include dishwasher, stove, microwave and refrigerators with solid surface countertops over clean white cabinetry. Crown molding, recessed lighting, neutral tones, and tall vanities add sophistication and comfort. Inviting backyards with covered patio and privacy fencing. All units are fully furnished and turnkey ready for short term or long-term rentals. 2025 bookings at $96,500. Schedule a tour today!

Last Updated	2/5/2025	Tract	Picketts Add
Year Built	1981	County	Franklin

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
APPLIANCES	Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Washer
CONSTRUCTION	Block
HEAT	Heat Pump
INTERIOR	Breakfast Bar
LOT	0.25 acre(s)
LOT DESCRIPTION	Level
LOT DIMENSIONS	100x109
SEWER	Public Sewer
STYLE	2 Story, Fourplex, Townhouse
SUBDIVISION	Picketts Add
UTILITIES	Cable Available, Sewer Connected
WATER	Public
ZONING	City,Residential Multi-Family

Location

 

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