Here's a unique offering-4 units, all one bedroom-one bath identical units. Each unit is a freestanding cottage with no shared walls. Walk to beach. Long-term tenants in place. Easy to rent. Lots of upside potential in this property, 3 platted lots. Lots of opportunity here-keep as easy to rent long term rentals, convert to condo and sell individually, tear down and build 3 single family homes or 4 townhomes. Located on a quiet street, the next block over has million dollar-plus homes. A few short blocks to the beach and just one block to the inracoastal waterway. Live in one, rent the others - rent all 4 or redevelop at a very low per-unit land cost. Recent appraisal (July 2007) at $550,000. Current tenants all long term. Broker is owner.
