Updated over 2 years ago on .

FL Panhandle Multifamily Partner Opportunity
My partner and I just purchased an existing building, 4700 sq. Ft., block bldg., concrete slab, roof ok, in 2.5 acres in Carrabelle, FL. Paid cash. Contractor believes we can get 6 units out of it - 3 2 bedrooms and 3 1 bedrooms. His labor estimate is $100k. Would need to be rezoned. Initial discussions with p&z look favorable. Would like to also build additional buildings on the property of similar size. Workforce housing is needed in the area for state workers, school teachers and hospitality workers. Looking for a financial/strategic partner to help with this project. If interested, I will share more details on a call. Property is about 1 mile from the Gulf of Mexico, x flood zone. 4 pt. Inspection available. Survey available. Network of subs in the area.