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8 NE Gipson Place NE, Fort Walton Beach, FL 32548
$1,190,000
8 NE Gipson Place NE, Fort Walton Beach, FL 32548View this property at 8 NE Gipson Place NE, Fort Walton Beach, FL 32548
8 NE Gipson Place NEFort Walton BeachFL32548
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Property Description
Check out this rare opportunity in Fort Walton Beach to own an 8 unit multi-family property just under one mile from the coast penciling at a 12% cap rate. Seaside Escapes features 8 separate studio & 1 BR units each themed, furnished, and marketed as Short Term Rentals. Each cozy cottage features a living area, queen bed, closet, kitchenette, full bath & a dedicated workspace. The property was recently renovated in 2021. Renovations include new roof, electrical, HVAC, plumbing, windows, doors, trim, flooring, and all new furnishings. This place has everything you need to start your journey as a short-term rental owner or would make a great addition to an existing portfolio. Property is centrally located only a few blocks from downtown, minutes to the Gulf of Mexico & near Eglin AFB.
Full Property Details
Full Property Details for 8 NE Gipson Pl NE
General
- Price: $1,190,000
- Status: Active
- Type: Commercial
- MLS ID: 947859
- Updated: 4/19/2024
- Added to Site: 26 day(s) ago
Location
- Area: 12 - Fort Walton Beach
- County: Okaloosa
- Driving Directions: From hwy 98, north on Eglin parkway, Left on Hollywood, Right on Gipson Place, Complex on left.
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 50 x 100
- Lot Depth: 100
- Zoning: COMM GEN
Disclosures and Reports
- Legal Description: PINEGROVE S/D E 100FT OF LOT I BLK 2
- APN: 13-2S-24-2030-0002-00I0
Listed by Anchor Realty Florida
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Schools
Schools serving 8 NE Gipson Pl NE
School District:Okaloosa County School District
Rating | Name | Grades | Distance |
---|---|---|---|
301 Hughes St Ne, Ft Walton Bch, FL 32548 | PK-5 | 0.8 mi | |
150 Richbourg Ave, Shalimar, FL 32579 | 6-8 | 2.8 mi | |
110 Racetrack Rd Nw, Ft Walton Bch, FL 32547 | 9-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 NE Gipson Pl NE
Date
Details
Price
Change
Source
4/19/2024
Listed
$1,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 NE Gipson Pl NE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,468
197%
$392,196
350%
2021
$1,840
-19%
$87,201
-21%
2022
$2,283
24%
$111,017
75%
2021
$1,840
89%
$63,447
2%
2019
$975
5%
$62,072
7%
2018
$926
8%
$57,868
10%
2017
$857
10%
$52,826
9%
2016
$781
3%
$48,350
5%
2015
$760
6%
$46,020
7%
2013
$720
—
$42,905
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 NE Gipson Pl NE
8 NE Gipson Place NE, Fort Walton Beach, FL 32548 (MLS# 947859) is a Commercial property. 8 NE Gipson Place NE is currently listed for $1,190,000 and was received on April 19, 2024. Want to learn more about 8 NE Gipson Place NE? Do you have questions about finding other Commercial real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.