704 Legion Drive Unit #1-4, Destin, FL 32541

$1,150,000
12
BD
8
BA
4,680
SqFt
List Price
$1,150,000
Days on Market
83
MLS#
937746
Status
PENDING
Type
Single Family Residential
Subtype
Attached Single Unit
Bedrooms
12
Bathrooms
8
Full Bathrooms
8
Living Area
4,680
Lot Size
11,325
Neighborhood
1403 - Destin Northwest

Property Description

This four-plex is a multi-family residential property consisting of four separate units. One of the unique features of this four-plex is that it comprises four two-story units, each offering three bedrooms and two bathrooms making it an ideal choice for families or individuals seeking spacious living spaces.The layouts provide ample living space, making it comfortable for larger households or those who appreciate extra room for guests or home offices. Each unit is equipped with two full bathrooms, which adds convenience and versatility to daily living. The four-plex is subdivided into individual units, ensuring privacy and autonomy for each resident or family. This design allows tenants to enjoy their own private space including ample backyards. Owner has been absentee and all current rents are below market.One unit is on a current lease. Three are month-to-month. Projected gross income based on market rent is $110,000. All four units have been upgraded with many modern finishes and amenities, such as updated kitchens, contemporary fixtures, and comfortable living areas. Each unit is approximately 1,177 sq. ft. and has three bedrooms and two baths. The first floor features a living room/dining room combination, large kitchen with breakfast bar, one bedroom and a full bath. Two bedrooms, (one is a loft style) and full bath is located on the second level. Each unit has a covered front porch, a small back yard. This unique property is situated in close proximity to important amenities such as schools, parks, shopping and beaches. The investor may choose the option to live in one unit and rent out the remaining three. Ideal for the investor seeking multiple rental properties as the four-plex affords tremendous advantages in terms of convenience.

Additional Information

Acres
0.26
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric
Association
Emerald Coast
Construction Siding
Siding Brick Some, Siding Wood
Design
Fourplex
Elementary School
Destin
Energy
AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Heat Pump Air To Air, Water Heater - Two +
Exterior Features
Fenced Back Yard, Patio Open, Porch
High School
Destin
Interior Features
Breakfast Bar, Ceiling Crwn Molding, Ceiling Vaulted, Floor Tile, Floor WW Carpet, Furnished - None, Renovated, Washer/Dryer Hookup, Woodwork Painted
Legal Description
SKEETER S/D LOT 12
Lot Dimensions
118 X 96
Middle School
Destin
Neighborhood
1403 - Destin Northwest
Stories
2
Subdivision
Skeeter Re/Subdivision
Unit Number
1-4
Utilities
Electric, Phone, Public Sewer, Public Water, TV Cable
Year Built
1980
Zoning
Resid Multi-Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Coastal Properties.

Vendor Member Number : 28166