Libby Payne
BEDS0
BATHS
SQUARE FEET1,034
MLS#CC852915
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
A rare investment opportunity in the heart of Yankeetown - this corner-lot property features two income-producing Cracker-style homes, both built in 1955 and rich with Old Florida character. Whether you're expanding your portfolio or seeking a property that can offset your living expenses, this one delivers an EXCELLENT cap rate of 14.31% and long-term appeal.The first fully furnished home offers 1 bedroom and 1 bath, perfect for a single tenant, seasonal renter, or cozy personal retreat. The second fully furnished home provides 2 bedrooms and 1 bath, giving you flexibility for higher rental income or multi-generational living. Both homes carry that timeless Cracker charm, and the kind of vintage Florida feel that renters love.Situated on a corner lot in a peaceful Yankeetown setting, this property is close to the river, local dining, and the laid-back lifestyle that keeps demand strong year-round.Opportunities like this don't come around often - two classic cottages, one great location, and steady income potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Lot Size: 0.26 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $2,045
Year Built: 1955
Feature Descriptions
Annual Net Income: 38494.99
Appliances: Electric Cooktop, Dryer, Range, Refrigerator, Washer
Association Amenities: Trail(s), Pickleball Court(s), Playground, Shuffleboard Court
Community Features: Playground, Restaurant
Days on Site: 2
Directions: From Inglis, Highway 40 West to 52nd street Left, Please do not disturb tenants.
Exterior: Frame, Wood Siding
Flood Zone Code: AE
Flooring: Luxury Vinyl
Foundation: Pillar/Post/Pier
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Cleared, Corner Lot
Lot Dimensions: 0.26
Parking: Boat, Driveway, RV Access/Parking
Parking Notes: Boat, Driveway, RV Access/Parking
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Showing Instructions: ShowingTime, Appointment Only, See Remarks
Water: Public
Water Access Y/N: No
Zoning: RE
Listed By / Shown By
Listed By
Agency Name: PRISTINE PROPERTIES
Agency Phone: 352-405-1314
Shown By
Agent Name: Libby Payne
Agent Phone: (386) 341-2429
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 1,680.61 per month $1,431.73 Principal & Interest $170.42 Property Tax $78.46 Homeowner's InsuranceChange Payment Information
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21 52nd Street | MLS# CC852915
This multi-family property located at 21 52nd Street , Yankeetown, FL 34498 is currently listed for sale with an asking price of $269,000. Search Yankeetown real estate on libbypayne.adamscameron.com today.