

Listed by Compass Florida LLC
$850,000
1175/1177 5TH Street
Details
APN 1767200000
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Units 2
Year Built 1988
Stories 2
Acreage 0.140
Parking Spaces 6 spaces
Multifamily | 2 Units
Marketing description
Live on one side, let the other pay your mortgage. 5 blocks to the ocean. Private oversized lot. 10-minute walk to Whole Foods Market, Marshalls, HomeGoods, and more. Two separately metered units -- each 2BD/2.5BA with open living, updated kitchen & covered porch on a 50x125 lot. 2024 roof, fully re-plumbed 2010, and rewired. Move into the renovated unit day one while the other generates $2,900-$3,100/month in projected rent. Cosmetic value-add on the second unit leaves room to push rents further. The definition of a house hack -- affordable beach living that actually makes financial sense.
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Listed by Compass Florida LLC
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