Apartment complex with 5 one bedrooms and 5 efficiencies and zoning allows for short term rentals! Sellers say the annual gross income is approx $102,300, utilities/ maintenance run approx $8310.72 and $1770, and insurance is approx $2000. The property is only two blocks from the beach and Gulf of Mexico and because of the CH (commercial high-intensity) zoning, there is great income potential! Seller rents the 1 bedrooms for around $1000 a month and the efficiencies for $900-950, but you could more if you rent short-term! All info is approx and must be verified by Buyers if important.
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