Description
Nestled beneath majestic oaks in historic Grayton Beach, this property reflects the beauty of old NW Florida. Coastal Oaks Retreat rests on an oversized lot which boasts a furnished residence, and guest house plus 3 car garage. (The extra square footage of heated/cooled space in guest house is not reflected on PA website but size is represented on survey) Total building area encompasses 2,396 sf (1560 current H&C). Currently income producing with transferable bookings into 2024. Rental income for 2023 is $113,162.03 with 10 weeks of owner use. This annual amount can significantly be increased by finishing out garage for another 1146 of living space and adding a water feature! Directly across the street to the east, sits Western lake. Offering tranquility and privacy within the fenced perimeter, the parcel sits only 1/4 mile from the emerald waters of the Gulf of Mexico! Fine dining, shopping, fishing, kayaking, boating, biking and beaching are some of the pleasures available at Grayton Beach. The slow paced surrounding atmosphere is celebrated by residents and visitors alike in this quaint coastal community. NO HOA! GRAYTON is the most unique neighborhood on the 30A corridor. You can find out more about this historical area by visiting this link: https://graytonbeach.com/grayton-beach-history/ The existing 3 car garage can be easily transformed into a significant extra H&C space, to include a large living area, two bathrooms and 2 bedrooms. Quote is available upon request. SO MUCH MORE EXCITING POTENTIAL!!
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3BEDS
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0.27ACRES
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2BATHS
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01/2 BATHS
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1,558SQFT
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$2,230$/SQFT
School Information
Description
Nestled beneath majestic oaks in historic Grayton Beach, this property reflects the beauty of old NW Florida. Coastal Oaks Retreat rests on an oversized lot which boasts a furnished residence, and guest house plus 3 car garage. (The extra square footage of heated/cooled space in guest house is not reflected on PA website but size is represented on survey) Total building area encompasses 2,396 sf (1560 current H&C). Currently income producing with transferable bookings into 2024. Rental income for 2023 is $113,162.03 with 10 weeks of owner use. This annual amount can significantly be increased by finishing out garage for another 1146 of living space and adding a water feature! Directly across the street to the east, sits Western lake. Offering tranquility and privacy within the fenced perimeter, the parcel sits only 1/4 mile from the emerald waters of the Gulf of Mexico! Fine dining, shopping, fishing, kayaking, boating, biking and beaching are some of the pleasures available at Grayton Beach. The slow paced surrounding atmosphere is celebrated by residents and visitors alike in this quaint coastal community. NO HOA! GRAYTON is the most unique neighborhood on the 30A corridor. You can find out more about this historical area by visiting this link: https://graytonbeach.com/grayton-beach-history/ The existing 3 car garage can be easily transformed into a significant extra H&C space, to include a large living area, two bathrooms and 2 bedrooms. Quote is available upon request. SO MUCH MORE EXCITING POTENTIAL!!
© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Beach Properties of Florida. Vendor Member number: 28178. Data last updated: 2023-12-11T00:03:26.747.
Vendor Member #28178.