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Gulf Front Income Producing Paradise Bungalow Home

Listing ID 23614383 | Updated 3 days ago

$415,000
Willing to negotiate
For Sale, Lease-to-Own

4171 Cape San Blas Drive house
Cape San Blas, FL 32456

2 beds, 2.50 baths
Vacation Home

Ask the Owner

Paul
Primary
Also try Secondary

Add to Favorites About this Property

Bedrooms:2 Bathrooms:2.50 Floors:1.0 Square Footage:1000
Year Built:1985 School District:Great Schools nearby Garage Size:1.0 Lot Size:60x130 Ft.
0.18 Acre(s)
Amenities:Waterfront, Central AC, Carpeted Floors, Appliances Included, Covered Parking, Central Heating, Deck/Porch, Furnished, Tile Floors

Step out of this nicely decorated gulf front home onto the beautiful white sandy beaches of the Gulf of Mexico. "Coastal Cottage" is a two bedroom, two bath home that is comfortably arranged all on one level. This vacation home is a page out of Coastal Living with a retro, airy decor. Both bedrooms have queen size beds sleeping a family of four or two couples perfectly. Walk out on the open decks that surround the house and enjoy the morning breeze and the smell of the salt air. Enjoy a peaceful vacation in this serene "Coastal Cottage." Floor Plan: Ground level - covered parking, 1st Floor - Beautiful kitchen with bar seating, living room with TV, stereo and entrance onto the wraparound deck; Bedroom 1 - queen bed, TV, DVD and full bath; full bath and Bedroom 2 - queen bed. Fantastic Sunset Views from the massive Wrap Around Deck

This Coastal Home should easily produce a gross rental income of $25K-$30K which, at this price, when you crunch the numbers easily cash flows at roughly a 5 or 6% cap rate. Not a lot of properties out here can do that. Unlike other over-crowded coastal communities, Cape San Blas offer miles of white sandy beaches, blue waters and escape from the chaos of urban life. If it is tranquility you seek, you have come to the right place. Please feel free to to email or contact Paul. Willing to negotiate or poss. lease for a year.

Enjoy and Make money while owning this home!  Last Appraisal was 1.1 million

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Paul
Primary
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