Fully renovated Quadplex in the Eau Gallie Arts District! The property consists of Four 2-bedroom, 1-bath units and the seller has left little for the next owner to update. The 2024 renovations include: brand new metal roof, updated plumbing lines, updated electrical throughout the property, exterior doors, fixtures, appliances, kitchen & bathroom updates, and interior paint. This property provides a fantastic opportunity for a stabilized investment, Airbnb, or house hacking option with one “owner suite” unit having a garage and full security system to the entire property. Seller also has plans for a pool in the yard which they have confirmed can be built upon.
Located in the Eau Gallie Arts District, this multifamily investment property is positioned in a prime growth area with constant improvements being made to surrounding properties.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.