Bayfront Opportunity Endless Potential!
Welcome to 1811 W. Bay Ave, a rare bayfront duplex with a prime location directly in front of the tranquil sandy bay beach of picturesque Marina Park. This 6 bedroom, 4 bathroom property offers approximately 3,000 square feet of living space and includes a 4 car garage, presenting an incredible opportunity to create your ideal bayfront dream.
Owned by the same family for over 60 years, this property is ready for your vision. Options abound:
Investors: Rent out the existing two 3 bedroom, 2 bath units to maximize income, with combined rents approximated at $13,500/month in its current condition and with a little refresh, much more.
Homeowners: Live in one unit and rent out the other, or transform the property into your very own single family bayfront home with an ADU.
Developers: Explore a condo conversion opportunity to create two separate residences.
Short term lodging is permissible (subject to permitting), adding flexibility to your investment. For those considering a 1031 exchange, this is an ideal candidate.
BONUS OPPORTUNITY: The neighboring duplex at 1809 W. Bay is also available for sale, offering an exceptionally rare chance to own two side by side bayfront properties.
Dont miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!