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    332 Patton Dr Eastpoint, FL 32328

    For Sale
    $800,000

    Apartments/Multi-Family - Eastpoint, FL

    Type:Apartment
    Property size:
    1,400 SF
    Lot size:
    0.30 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 332 Patton Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    C-3
    APN
    31-08S-06W-0000-2360-0000
    Size
    1,400 SF
    Lot size
    0.30 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2022
    Architectural style
    Other

    The Naumann Group - Coastal Division (850) 799-1230 [email protected]

    Listing agent Cameron White (850) 799-1230

    Listing date Oct 28, 2025

    MLS# 324235 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Cottages Investment Opportunity

    This income-producing property is suitable for investors interested in the short-term rental market. The sale includes three waterfront cottages and an RV hookup. The gross rental income (GRI) was $140,000 in 2023 and just over $100,000 in 2024. The cottages are designed to be mobile, allowing for relocation away from the water in the event of a storm to minimize potential losses. The property offers direct access to the Apalachicola Bay and is located a short distance from St. George Island, known for its beaches. The property is zoned C-3 and has a lot size of 0.3 acres. The property size is 1400 square feet. This property allows you to enjoy a view of the Bay.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastpoint
    County
    Franklin
    State
    Florida
    Longitude
    -84.880655904452
    Latitude
    29.735259077063

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Short term rental property - Income-producing property with waterfront cottages and RV hookup near St. George Island.
    Where is this short term rental property located?
    The property is located at 332 Patton Dr Eastpoint, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High income-producing property with a GRI of $140,000 in 2023 and over $100,000 in 2024.; - Includes 3 waterfront cottages and an RV hookup.; - Mobile cottages can be moved offsite to minimize storm damage.
    (850) 799-1230
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    332 Patton Dr Eastpoint, FL 32328
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    Eastpoint, FL 32328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    332 Patton Dr Eastpoint, FL 32328
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