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903 Albee Road West

Laurel FL 34275

8
3441 sq. ft.
25822 sq. ft.
Duplex
Currently for sale - view listing

Overview

LOCATION ALERT!! This is a rare opportunity to own an income property within a 5 minute walk to the Gorgeous Nokomis Beach. You will fall in love with this well maintained beach area 4-Plex that has positive cash flow. This area is a boater's paradise with a marina and a boat ramp right down the street. You can live in the fully updated larger 2.5 bed/2 bath unit while you rent out the other 3 units for income, or just rent them all and maximize your profits. The AC is only 2 years old. The roof is only 5 years old with a solar system that brings the electric bill down to around $30 per month. There are 4 carports underneath that will comfortably park 4 cars in each. The Flood insurance is only about $600 per year because all the units are on the 2nd story. The floors have been insulated with icynene foam for high efficiency. There is a new Whole House Reverse Osmosis system. The house is hooked up to County Sewer with the option to connect to County Water if you want to. There is a large wooden deck to relax on that wraps around Unit #4 and a small deck outside each of units 1, 2, and 3. There is room for a pool in back and also the potential to close in part of the downstairs and build a 5th unit. This is a unique property for the right person. The property is occupied by tenants and is rented on AirBnB. Make an appointment to see this rare gem today!

Features

8 carspaces
3441 sq. ft. floor area
25822 sq. ft. lot size
Duplex

Happy sellers in Laurel

68%
68% of sellers in Laurel reported that their sale price either exceeded or met their price expectations.

Laurel stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Laurel over the last 12 months.

Local market activity for duplexes in Laurel

In the last 12 months, 6 duplexes similar to 903 Albee Road West, have been sold.

This represents a 200% decrease in duplexes sales when compared to the previous 12 months.

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