5 bedroom house for sale

Producing over $83, 000 in actual rental income last year, this is a rare opportunity to own three separate homes on a valuable 50x140 lot. This property is only a 2 minute walk from the private beach access. 204 3rd Street is located just 10 minutes from Rosemary Beach and 10 minutes from Pier Park. The main house totals 1, 284 SF, providing 2 bedrooms along with 2 full bathrooms. Beautifully renovated with all new flooring, the main house boasts a spacious living area complete with a fireplace and large windows. The kitchen has been updated with stainless steel appliances. The rear of the main house offers a large screened-in porch, outfitted with a ping pong table and plenty of lounging space. The 2nd home was updated in 2022 to include a new roof, new flooring, new windows, new cabinets, new countertops, laundry, showers, bathroom vanities, toilets, electrical outlets and lighting. Serving as a studio with 1 bedroom and 1 bathroom, this 2nd home totals 320 SF. The 3rd home has a covered front porch along with 2 bedrooms, 1 full bathroom and 672 SF. It features a large living and dining space surrounded by shiplap walls. The updated kitchen is spacious and offers natural light. The 3rd home was also updated in 2022 to include a new roof, new flooring, new windows, cabinets, countertops, washer/dryer, showers, bathroom vanities, toilets, electrical outlets and lighting. All 3 homes combined to produce $83, 000 in rental income for 2023. Inquire today to review the strong rental history or to set up your private showing!