510 W 8th St #1,2,3,4, Carrabelle, FL 32322

Local realty services provided by:ERA Neubauer Real Estate, Inc.
510 W 8th St #1,2,3,4,Carrabelle, FL 32322
$995,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • 4,672 sq. ft.
  • Multi-family
  • Active
Listed by:beth embert
Office:coastal realty group-carrabelle
MLS#:320794
Source:FL_RAFGC

Price summary

  • Price:$995,000
  • Price per sq. ft.:$212.97

About this home

Presenting Rivers Rae, a premium four-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

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Home facts

  • Year built:1981
  • Listing ID #:320794
  • Added:232 day(s) ago
  • Updated:August 20, 2025 at 03:40 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:4
  • Living area:4,672 sq. ft.

Heating and cooling

  • Cooling:Central Electric, Heat Pump
  • Heating:Central Electric, Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1981
  • Building area:4,672 sq. ft.
  • Lot area:0.25 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$212.97
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