Description
If you're looking for an income-producing investment property, look no further. This unique offering includes two lots totaling 1.18 acres, each measuring approximately 0.59 acres. The property features four well-maintained Florida cottages, thoughtfully appointed and situated across the land to maximize space and privacy. These cottages have been extremely well cared for and currently provide steady income potential, making this an excellent opportunity for investors. For buyers considering future development, the property also offers added value with tap fees already paid, allowing for the possibility of creating a larger development down the road. Conveniently located just 6 miles from Grady Brown Park, .4 miles to Four Mile Creek.
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3BEDS
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1.18ACRES
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1BATHS
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01/2 BATHS
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840SQFT
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$1,071$/SQFT
School Information
Description
If you're looking for an income-producing investment property, look no further. This unique offering includes two lots totaling 1.18 acres, each measuring approximately 0.59 acres. The property features four well-maintained Florida cottages, thoughtfully appointed and situated across the land to maximize space and privacy. These cottages have been extremely well cared for and currently provide steady income potential, making this an excellent opportunity for investors. For buyers considering future development, the property also offers added value with tap fees already paid, allowing for the possibility of creating a larger development down the road. Conveniently located just 6 miles from Grady Brown Park, .4 miles to Four Mile Creek.
© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2026-04-14T00:00:41.453.
Vendor Member #28178.