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Sold for $1,650,000 on Aug 15, 2018
Wow! What an opportunity to own on the Bay in the midst of the thriving town area. This is the best of all worlds! Living on the Bay, just a couple of blocks to the Beach and also walking distance to all the restaurants and shopping in the downtown area. Property is currently a tri-plex on a 50' x 110' lot with (1) commercial office unit and (2) residential units on Shelter Haven Harbor. First floor unit is 4 bedrooms and 3 baths. Second floor unit is 3 bedrooms and 2 baths, both units having decks off the back with peaceful water views. (Possible Rental income over $100,000) The property has 4 boat slips and a newer vinyl bulkhead. Redevelopment in this area is happening at a fast pace and this property IS located within the waterfront Development area allowing many possibilities and a higher building height. Renovate the current structure (use it or rent it) or make plans to build for the future. One possibility could be a side by side Duplex on the water, or commercial space on the 1st floor and residential units on top or strictly commercial use. This is a property you should not pass up, act now.