Check out this big price reduction! 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.… Read More 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 are at $99,500. Schedule a tour today! Read Less
Courtesy of Beth Embert, Coastal Realty Group-carrabelle 850-697-1010
Listing Snapshot
Days Online
347
Last Updated
Property Type
Single Family
Square Ft.
4,672
Lot Size
0.25 Acres
Year Built
1981
MLS Number
320811
Additional Details
Building
Built in 1981, Building Area Total: 4,672, Construction Materials: "Block", "Established Business"
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