Charming single level side by side duplex on the highly sought-after South Harbor Island. Built in 1972, this is a grandfathered duplex. This quaint property sits on an oversized .18-acre lot. Each side offers two bedrooms, one bath, combination living / dining room, kitchen, covered front porch and off-street parking. Both units are complete with kitchen appliances and clothes washer & dryer. Outstanding location within walking or biking distance to the beach and local restaurants yet tucked away off the tourist path in a quiet upscale neighborhood. And just around the corner is a lovely mini waterfront park ideal for enjoying a sunset toast with your neighbors. Possibilities are many: live in one side and rent the other until you are ready to build your dream home, keep tenants as a great investment or utilize the benefits of the oversized lot to build a large single-family home with water views from the top floor. Each unit currently rents for $ 1,600 per month for a combined gross rental income $ 38,400 per year. Great tenants in place. Current zoning on the lot is R1 so if the duplex is removed only a single-family home can be built on the lot.
Listing courtesy of Intracoastal Realty Corp.
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