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Kotohomes partnered with:
Dothan Eagle
For Sale For Rent
Advertise
bedrooms Pending
bedrooms
bedrooms
12
bathrooms
bathrooms
7
square feet
square feet
4,656
acreage
Acreage
5.0
open houses
Open Houses
-
year built
year built
1985
full baths
Full Baths
7
half baths
Half Baths
0
This property is a MULTI-FAMILY INVESTOR and DEVELOPERS DREAM! This 5-acre parcel currently brings in $4,000/month in income and has incredible potential for future development. Positioned in Lynn Haven, recently named one of the TOP 10 places to live in Florida, you'll find 5 acres zoned Medium Density that currently holds MULTI-FAMILY investment properties where all structures are occupied by tenants. Bringing in $4,000/month in income, this is a PRIME opportunity to cash flow from day 1 and hold the property for future development. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. 4525 Carla Lane offers 5 acres, zoned Medium Density Residential and density is 4-10 units per acre. Zoned for single family homes, duplexes, multi-family or group home - the possibilities are endless with this future development opportunity. This property includes 5 structures and are all occupied by tenants at this time. There is also a 30'x60' garage with 4 bays and roll-up garage doors. This garage is currently being used for storage by Owner but leaves opportunity to bring in additional income, if rented. This property is located less than 1/2 mile from Trane Technologies and the Lynn Haven Sports Complex, within a few miles of Publix, Dollar General and dining and within 2 miles of North Bay Haven Charter Academy. All information provided must be verified by Buyer, if important. Property is occupied by tenants. Please do not disturb tenants.
Location
Subdivision No Recorded Subdivision
County Bay
Elementary School Deer Point
Middle School Mowat
High School Mosley
open houses Open houses
None scheduled.
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MLS number: 964964
Listing agent: Carly K Sostheim
Listing broker: Hilary & Reverie (850) 231-2850
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, December 19 2024 at 8:23 p.m. EST
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