Residential

510 W 8th St 1,2,3,4
Carrabelle, FL 32322

$995,000

Bedroom 8 bedrooms
Full Bathroom 4 full baths
Half Baths 4 half baths


Location Location

Agent Comments Agent Comments
Presenting Rivers Rae, a premium multi-unit investment property offering unparalleled potential for both long-term stability and high-income short-term rental returns. Nestled in the quiet, scenic town of Carrabelle on Florida's Forgotten Coast, this completely renovated four-unit townhome building is perfect for savvy investors. With modern upgrades, high rental income potential, and a location that appeals to beach lovers, outdoor enthusiasts, and vacationers, Rivers Rae is an exceptional opportunity for growth. Renovations: all new electric, plumbing, windows, exterior and interior doors, lighting, water heaters, bathrooms, luxury vinyl plank flooring. Newly configured Eat-in-Kitchen with breakfast bar, appliance packages that include dishwasher, stove, microwave and refrigerators with solid surface countertops over clean white cabinetry. Crown molding, recessed lighting, neutral tones, and tall vanities add sophistication and comfort. Inviting backyards with covered patio and privacy fencing. All units are fully furnished and turnkey ready for short term or long-term rentals. Schedule a tour today!

Amenities Amenities
  • Dryer
  • Washer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator w/Ice Maker
  • Electric Oven
  • Electric Water Heater

Interior Features Interior Features
  • Cool System: Central Electric, Heat Pump, Ceiling Fan(s)
  • Heat System: Central Electric, Heat Pump
  • Floors: Luxury Vinyl, Plank
  • Interior: Breakfast Bar, Crown Molding, Recessed Lighting, Newly Painted, Renovated, See Remarks, Woodwork Painted

Exterior Features Exterior Features
  • Parking: Space/Unit
  • Roof: See Remarks,Shingle
  • Pool: None
  • Exterior: Renovated

Additional Features Additional Features
  • Property Type: Quadruplex,Townhouse,Dup/Tri/Quad (Multi-Unit)
  • Water/Sewer: Public
  • Stories: 2
  • Year Built: 1981