NOT LISTED FOR SALE

300 1st St Moore Haven, FL 33471

6 Beds
11 Baths
8,000 Sq Ft
53,013 Sq Ft Lot

Last Sold July 17, 2024

Last sale price $1,050,000 $131 Per Sq Ft

238 Days on Market

Highlights

  • Marina
  • Home fronts navigable water
  • Clubhouse
  • Boat Ramp
  • Concrete Pool
  • Deck

About This Home

As of July 2024

Located in South Central Florida on the banks of Caloosahatchee River in the Historic town of Moore Haven; The River House property encompasses 1.2 acres on an entire city block. Originally built in 1926 as a hotel and used in various ways over its 100 year history, including supporting the Red Cross when the 1928 hurricane hit Lake Okeechobee. Today, this structure sits well preserved and features Four town-home style units with 12 bedrooms, 10 bathrooms, a 400 foot boat dock with utilities, WiFi and security gates. Additionally, the property has a swimming pool and parking garage for Six vehicles as well as full bathroom and storage areas. All Four town-homes are spacious in size and offer spectacular views of the Caloosahatchee River! Live free in Main townhouse, or continue leasing all four units. The property is an excellent investment opportunity and the largest privately owned dockage on intracoastal waterway from Atlantic to Gulf is $50k a year revenue producing bonus!

Last Agent to Sell the Property

Luan Walker

Sugar Realty, Inc. License #258005585 Listed on: 11/13/2023

Last Buyer's Agent

Luan Walker

Sugar Realty, Inc. License #258005585 Listed on: 11/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,610

Year Built

  • Built in 1926

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 325 x 105 x 255 x 310
  • Home fronts navigable water
  • River Front
  • Corner Lot
  • Oversized Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Florida Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 8,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Hung Windows

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 11 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, pest control, pet deposit, trash collection, water
  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number City of Moore Haven

Community Details

Overview

  • 4 Units
  • Moore Haven Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Marina
  • Tennis Courts
  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $15,692
  • Net Operating Income $107,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,610

Year Built

Built in 1926

Lot Details

1.22 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.217
  • Lot Size: 325 x 105 x 255 x 310
  • Road Surface Type: Paved
  • Subdivision Name: MOORE HAVEN
  • Directions: Located on the Caloosahatchee River across the street from Moore Haven City Hall and the City docks.
  • Architectural Style: Florida, Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built: 1926
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Full Bathrooms: 11
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: High Speed Internet
  • Window Features: Double Hung

Exterior Features

  • Lot Features: Corner Lot, Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • Waterfront Features: Navigable Water, River Front
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding, Wood Siding, Wood Frame
  • Exterior Features: Deck, Sprinkler/Irrigation, Patio, Water Feature
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Street Lights
  • Amenities: Boat Dock, Marina, Boat Ramp, Clubhouse, Park, See Remarks, Storage, Tennis Court(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: City of Moore Haven
  • Zoning Description: 0800 - MULTI-FAM-10
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Pest Control, Pet Deposit, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 107508.0
  • Annual Operating Expense: 15692.0

Tax Info

  • Tax Annual Amount: 10609.56
  • Tax Block: 2
  • Tax Lot: 1
  • Tax Year: 2022
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Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $1,050,000 -12.5% $131 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $1,200,000 -5.9% $150 / Sq Ft
01/18/2024 01/18/24 Price Changed $1,275,000 -5.6% $159 / Sq Ft
11/13/2023 11/13/23 For Sale $1,350,000 -- $169 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,162 $813,408 $196,200 $617,208
2024 -- $743,280 $120,728 $622,552
2023 $11,293 $711,445 $102,155 $609,290
2022 $10,610 $709,124 $97,119 $612,005
2021 $9,902 $606,723 $88,290 $518,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223084136

Florida Gulf Coast Multiple Listing Service
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