Property Description

Rarely Available!!! Prime WATERFRONT, fully renovated NINE UNIT multifamily gem offers a unique blend of immediate passive income, coastal lifestyle appeal, and long-term appreciation potential - all with NO HOA restrictions and DIRECT GULF ACCESS! Located in a high-demand rental corridor only 1 mile from HCA Bayonet Point Hospital (1, 600+ staff) and just minutes away from nearby tourist attractions, beaches, and businesses, this property attracts a broad tenant base of travel nurses / healthcare workers, dependable local professionals, and vacation guests alike. Residents and guests can walk or bike to Hudson Beach to enjoy breathtaking sunsets, waterfront dining, marina access, and the local charm of grabbing a scoop at the neighborhood ice cream shop -- or head just 5 minutes north to SunWest Park's 70-acre, spring-fed lagoon, wakeboarding cable park, and white-sand beach. Nature lovers will appreciate the proximity to the unique Weeki Wachee River and Springs state park with its famous manatees, crystal clear kayaking canals, and iconic live-mermaid shows. Convenient access to Walmart, Publix, and major services all within 5 minutes. This waterfront property's 9 distinctive units are thoughtfully arranged as 3 spacious one-bedroom units and 6 well-appointed studios. The unit mix includes flexible month-to-month rentals anchored by several stable long-term tenants, short-term rentals, and a dedicated Airbnb unit successfully capitalizing on STR market demand; plus immediate rent-growth upside from STR premiums and optimized unit mix. This is an exceptional opportunity to acquire 9 turn-key, low maintenance units with thriving rental demand in one of Florida most vibrant Gulf Coast submarkets. Capitalize on built-in cash flow today and unlock future growth tomorrow!

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Miguel Malagon

eXp Realty LLC - FIG Team