19 Ave C, Apalachicola, FL 32320

$795,000
5
BD
List Price
$795,000
Status
ACTIVE
MLS#
301415
Price Change
▼ $44,000 1563562366
Bedrooms
5
Acres
0.11
Region
Apalachicola
Subdivision
Historic South Side

Property Description

LOOKING FOR A 10% GRI AGAINST SALES PRICE? Look no further as this is it. This property has yielded over $85,000 GRI in both 2017-2018 and is exceeding that rate in 2019 with only a 47% occupancy rate. WOW! Apalachicola has become a destination and traffic is increasing so the potential of this property is significant. Financials will be made available to serious buyers on a confidential basis. The Blue Moon Inn and the Blue Moon Carriage House Loft are both on VRBO.COM AT #'s 409918/654693. The reviews are outstanding. The buildings were completely renovated in 2011-2012 including a new standing seam metal roof, plumbing and electrical. The loft was added in 2014. During Hurricane Michael there was no water on either Commerce or Leslie Streets bordering this property. Refer to MLS 301405 Res Listing. Owner moving to Virginia.

Additional Information

Year Built
2012
Levels
2
Lot Dimensions
60X80 MOL

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of SUNCOAST REALTY.