Active

$1,050,000

Features:
  • 10 Bedrooms
  • 6 Bathrooms
  • 5094 sq ft
Overview
  • ID: MFRA4669954
  • Bedrooms: 10
  • Bathrooms: 6
  • Size: 5094 sq ft
Property Details
Remarks
RARE investment opportunity... QUADPLEX WITH WATER VIEWS IN A GREAT LOCATION! ASSUMABLE VA LOAN WITH A 2.75% INTEREST RATE. NO FLOODING! Welcome to the next addition to your portfolio, this quadplex offering endless investment potential to suit many strategies. Whether you're seeking a strong income-producing property or looking to house hack and live in one unit while renting out the others, this property checks all the boxes. This building features one 4/2 unit, one 2/2 unit, and two 2/1 units. Beautiful remodels done on 3 of the units, including 2 balconies, 2 outdoor staircases, and a deck, all new. 3 brand new HVAC systems as well. Each of the four units offers comfortable living spaces, well-maintained interiors, and spacious bedrooms. Tenants will love the close proximity to local beaches, marinas, shopping, dining, and entertainment, all while enjoying the serene views and fresh breeze. With no HOA restrictions and flexible leasing options, this property provides unlimited rental potential—ideal for both short-term and long-term rentals. The generous lot and prime setting offer space for outdoor relaxation, assigned parking, and even future upgrades to maximize returns. Opportunities like this don't come around too often, here is your chance to own a multi-family property in a highly desirable waterfront area—perfect for investors, seasonal owners, or those seeking passive income in paradise. A TRUE HIDDEN GEM. Key Features:Four individual units with strong income potential. Water views and close proximity to coastal amenities. Excellent location near beaches, shops, and dining. No HOA or rental restrictions. Ideal for short-term or long-term rentals. Don’t miss out on this incredible investment opportunity—schedule your private showing today!
Financial Considerations
Price:
$1,050,000
HOA Fee:
N/A
Tax Amount:
$12465.73
Price per SqFt:
$206.12
Tax Legal Description:
S 20 FT OF LOT 8, LOT 9 ROSSLYN COURT PI#30939.0000/3
Exterior Features
Lot Size:
6560
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
10
Bathrooms:
6
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Furnished:
No
Floor:
Wood
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1910
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, Fence, Other
Additional Features 2:
N/A
Map
  • Address
    1416 ROSSLYN DR
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