Description
INDIAN PASS OPPORTUNITY - Over 3.5 acres of lagoon to Gulf front property on the Indian Pass peninsula. The 100' wide parcel features a unique and well-appointed 5 bedroom, 4 bathroom lagoon-front vacation rental home with a heated pool and hot tub which is projected to earn over $160K in GRI this year. The Gulf front section has a boardwalk and beach gazebos/decks constructed, but could be further developed as buildable beachfront property. Rare opportunity with an Old Florida feel on Indian Pass providing established rental income history on the lagoon-side, and so much potential with multiple options available on the beachfront portion. "Golden Palms" is a destination family-style resort property in a prime location away from the crowds, and an easy 15-20 minute drive to either nearby town of Port St. Joe or Apalachicola.
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5BEDS
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3.57ACRES
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4BATHS
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01/2 BATHS
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4,550SQFT
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$0$/SQFT
School Ratings & Info
Description
INDIAN PASS OPPORTUNITY - Over 3.5 acres of lagoon to Gulf front property on the Indian Pass peninsula. The 100' wide parcel features a unique and well-appointed 5 bedroom, 4 bathroom lagoon-front vacation rental home with a heated pool and hot tub which is projected to earn over $160K in GRI this year. The Gulf front section has a boardwalk and beach gazebos/decks constructed, but could be further developed as buildable beachfront property. Rare opportunity with an Old Florida feel on Indian Pass providing established rental income history on the lagoon-side, and so much potential with multiple options available on the beachfront portion. "Golden Palms" is a destination family-style resort property in a prime location away from the crowds, and an easy 15-20 minute drive to either nearby town of Port St. Joe or Apalachicola.
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