510 W 8th St, Carrabelle FL 32322

$995,000

510 W 8th St, Carrabelle, FL 32322

bedrooms

bathrooms

square feet

4,672

Acreage

0.25

Open Houses

year built

1981

Full Baths

Half Baths

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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!

Location
Subdivision	Picketts Add
County	-
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 320811

Listing agent: Beth Embert

Listing broker: Coastal Realty Group (850) 227-7770

Copyright © 2025 Realtor® Association of Franklin & Gulf Counties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, February 5 2025 at 4:39 p.m. EST

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