261 W Royal Palm Ave, DeFuniak Springs, FL

Description

Built in 2023, this 1 bedroom, 1 bathroom, 600 sq ft home, with detached laundry-room-shed, produces $1,000/month in rental income and has a tenant in place until 2/27/2025.The parcel is just under a half-acre and can be subdivided into 2 lots. Add another home, live in one home and rent the other...or rent both! Seller has new survey available. The existing home features floor-to-ceiling spray foam, for energy efficiency. 3/4'' treated plywood under all flooring. Oil painted plywood behind sheetrock in the kitchen and bathroom walls for increased durability and water protection. The detached laundry room was designed to eliminate any risk of potential water damage to the main house. This property is part of a real estate portfolio comprised of 10 total properties.Properties in the portfolio can be purchased separately, with some, or all of the other properties in the portfolio; seller negotiable on price if multiple/all properties in the portfolio are sold to the same buyer. Schedule your private showing today! All info in the MLS is intended to be accurate, but cannot be guaranteed. Buyer and buyer's agent to perform their own due diligence. MLS #'s for the other properties in the portfolio that are listed for sale: 947806, 956606, 956607, 956608, 956609, 956611, 956612, 956613, and 956614.

Legal Description

LOTS 4 & 5 BLK 21 OAKWOOD HILLS UNIT I OR 88-502 OR 2639-1322 OR 2776-3856 OR 2800-539 OR 3214-1761

Listing Map