854 N Walton Lakeshore Dr

Inlet Beach, FL 32461
image0

3 bd, 3 ba | 2,064 sqft | Built in 1962

slider image
slider image
slider image
For Sale

Select

Favorite

List Price
$1,695,000

$155K

Initial Investment

$713,595
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$1,695,000

Down Payment

40%

Estimated daily rent & occupancy


$

 per day x 
 days
Estimated average rent per year
$57,876

Total Return

$737,929

Annualized Return

14.0%

Cap Rate

1.6%

Gross Yield

3.4%

Cash Flow

-$48,387

Appreciation

10.0%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Vacant

Property Type

Unspecified

Lot Size

161,172

HOA

None

Flood Risk

Not Required

Investor alert: If you're looking for a unique income producing property, no HOA, with 157' of prime lakefront footage on Lake Powell, you will not want to miss this remodeled lakefront property. Recently renovated from a single-family rustic cabin to a two-level, updated modern duplex on .36 acre with a private dock, two full kitchens and incredible water views from every room, this is the one spectacular lakefront property you won't want to miss.Renovated down to the studs and transformed into a fully functioning duplex with separate up and downstairs living quarters, this home makes a compelling investment as a second home, multi-generational primary residence with full lock-out downstairs apartment; or the ultimate AirBnb experience with two lakefront short-term vacation rentals.

See more in Analysis
Annual Financial Highlights

Expected Rent

$57,876

Expenses

-$20,144

Property Taxes

-$12,400

Loan Payments

-$73,719

Net Cash Flow

-$48,387

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Listing Courtesy of:Lynne Andrews
Corcoran Reverie SRB
Certified Agent Brokerage:

SourceEmerald Coast AOR
MLS #898956
Last Updated: 11/15/2022 22:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. 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. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.