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$1,200,000

Beds
4
Baths
3.0
sq ft
1,952

6 Kingfish St, Panacea, FL 32346

6 Kingfish St

ALLIGATOR POINT, FL 32346

  • 17 days on market
Bald Point Beach Estate aptly named "Heavenly Sunrise" offers a rare opportunity to own an income producing vacation beach rental with room to expand. The home is offered along with two additional beachside lots where you can build your own rental empire or create a generational legacy with a family beachfront compound. The opportunities and possibilities are what separates this from any single lot property. Being sandwiched between the sugar white sand beach the area is known for and the award-winning Bald Point State Park creates a quiet getaway far from the hustle and bustle found on most Florida beaches. Built in 2004 the 1952 sqft home features 4 bedrooms and 3 baths with all bedrooms featuring oceanside porches and water views. The top level features living room, dining area, kitchen, and a master bedroom- all with wide open ocean views on one side, and picturesque undeveloped old Florida on the other. A well established rental history since 2008, with over 70k on the books in 2024, plus the home is a consistent winner on VRBO with 5 star reviews galore. Keep things the way they are and enjoy the privacy the extra lots offer to Heavenly Sunrise or explore the possibilities of expanding. Either way you are situated in the unique and unspoiled beachside setting Bald Point is known for.

Details

Property type

Single Family Residence

Lot size

0.48 acres

Price per sq ft

$615

Year built

2004

Annual property taxes

$2,750

Price History

09/19/2024
Tallahassee

Tallahassee #377287

Listed
$1,200,000

Schools & Community

Elementary school: 

OTHER COUNTY

Middle school: 

OTHER COUNTY

High school: 

OTHER COUNTY

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1141 Alligator Dr, Panacea, FL 32346

Status: Active

Tomo last checked: 10/06/2024 at 8:20 PM

Listing updated: 09/26/2024 at 2:16 AM

Listed by: Joshua E Brown, Waypoint Properties Phone #: (850) 926-9100

MLS: Tallahassee #377287

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