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206-212 Watermark Way 206 Watermark Way 4 Unit Apartment Building $2,060,000 ($515,000/Unit) Port Saint Joe, FL 32456
Executive Summary
Turn key quadplex across the street from the Gulf of America. Each unit is a 2 bedroom 1 full and 1/2 bath with an open floor plan and gulf views. These completely furnished units has a covered front porch, second story covered deck off of a top bedroom with Gulf of America views. Need to entertain or just want extra space? There is a spacious back patio that is partitioned for privacy, large back yard, and side covered parking gives the property many options for added features or expansion versus similar beach multi unit residences. There is a recorded beach access pedestrian easement for easy beach access right across the street. Conveniently located equidistant between Port St Joe and Mexico Beach for a variety entertainment options. The subdivision is decades old and has its own ingress and egress road with no thru traffic. NO HOA!! All units are in an X flood zone per the Gulf PA website, part of the added covered parking is in an AE zone. Verify if important. Some dimensions taken from the Gulf County Property Appraiser's website, please verify if important.
Property Facts
| Price | $2,060,000 | Building Class | C |
| Price Per Unit | $515,000 | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 4,096 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1984/2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | County | ||
| Price | $2,060,000 |
| Price Per Unit | $515,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 4,096 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2018 |
| Opportunity Zone |
Yes |
| Zoning | County |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Refrigerator
- Oven
- Range
- Tub/Shower
- Dining Room
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $611,356 | |
| Land Assessment | $603,600 | Total Assessment | $1,214,956 |
Property Taxes
Parcel Numbers
Land Assessment
$603,600
Improvements Assessment
$611,356
Total Assessment
$1,214,956
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206-212 Watermark Way | 206 Watermark Way