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$12,950,000
500 KELLY MILL RD, Valparaiso, FL 32580 Multi Family For Sale MLS# 740966
Price:
$12,950,000
BR/BA:
2 BR
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Description:
Riviera Ridge Townhomes enjoys a central Valparaiso location close to Eglin Air Force Base, Northwest Florida State College and various employment, entertainment and dining opportunities. The Property is located just off of John Sims Parkway, the main artery through Valparaiso, leading from Niceville to Eglin AFB in southern Okaloosa County. Riviera Ridge Townhomes contains 84 saleal units built in two phases. Initially, Phase I was constructed in 1984 and Phase II was completed in 1986. The complex is comprised of 22 saleal buildings, 1 one story maintenance shop and 1 one story office building distributed over 8 acres. The buildings are wood frame construction, with a brick veneer, in an array of exterior styles. Riviera Ridge Townhomes provides a favorable unit mix of 15 one bedroom units and 69 two bedroom units. Units range in size from 725 to 875 square feet, with one bedroom units currently saleing for $1,195/month and two bedroom units currently saleing for $1,295/month. All apartments include fully appointed electric kitchens and private patios. There is also an on-site central laundry facility that generates additional income. The property's Tenants pay all utilities for their respective residence. Riviera Bay Townhomes, a 36 Door sister property is also available for purchase $5.95M with Riviera Ridge Townhomes as a package deal only and brings the total number of doors to 120. An assumable mortgage and some very attractive seller financing are also available respectively for both of the properties. Northwest Florida, also known as the Florida Panhandle, is a 16-county region that extends along the Gulf of Mexico from Pensacola, on the western border of Florida, to just east of Tallahassee. The region occupies a unique geography in Florida, abutting the southern borders of both Georgia and Alabama, as well as the northwestern boundary of the Florida peninsula. The 16-county region includes nearly one quarter of Florida' s 67counties. Still available at ListedBuy!
Property Type:
Single-Family Houses
Sq feet:
71,250 sq. ft.
For sale by:
By Owner
Posted:
January 29 on ListedBuy
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More About this Listing: 500 KELLY MILL RD, Valparaiso, FL 32580 Multi Family For Sale MLS# 740966
500 KELLY MILL RD, Valparaiso, FL 32580 Multi Family For Sale MLS# 740966 is a Two Bedroom Single-Family Homes for Sale at 500 Kelly Mill Rd in Fort Walton Beach FL. Find other listings like 500 KELLY MILL RD, Valparaiso, FL 32580 Multi Family For Sale MLS# 740966 and listings near 500 Kelly Mill Rd by searching Oodle Classifieds for Two Bedroom Single-Family Homes for Sale in Fort Walton Beach FL.
500 KELLY MILL RD, Valparaiso, FL 32580 Multi Family For Sale MLS# 740966 is a Two Bedroom Single-Family Homes for Sale at 500 Kelly Mill Rd in Fort Walton Beach FL. Find other listings like 500 KELLY MILL RD, Valparaiso, FL 32580 Multi Family For Sale MLS# 740966 and listings near 500 Kelly Mill Rd by searching Oodle Classifieds for Two Bedroom Single-Family Homes for Sale in Fort Walton Beach FL.