40 4Th Ave
shalimar, FL 32579$1,600,000
INTERESTED? LET'S CONNECT
Introducing an exceptional investment opportunity in the heart of Shalimar! This 12-unit multifamily property delivers a solid NOI of $81K, with a 4% rent increase already secured for 2025. All units are fully leased with no vacancies, ensuring steady income from day one.
The seller is offering a stellar financing. Call for details. Subject to credit approval and additional terms.
The property features three duplex buildings, each with 2-bedroom, 1-bath units at 812 sqft, complete with carports
Details
2,613.6 Sq Ft Exterior Space
Commercial
MLS/Listing ID 969018
Listing Courtesy of KELLER WILLIAMS REALTY FWB, HEATHER BLATZ - 850-830-8980
Source of Data: EMERALD COAST ASSOCIATION OF REALTORS