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Waterfront Short-Term Rental Property
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603 RIVERSIDE DR SE, Steinhatchee, FL 32359

Furnished rental compound with two residences, private dockage, and established vacation-rental operations.

Property Size1,395 SF
Price / SF$469.53
Days on Market9

Property Features for 603 RIVERSIDE DR SE

General Information

Standard status Active
Size 1,395 SF
Class B
Property subtype Multifamily, Hospitality, Mixed Use
Zoning Mixed Use
Occupancy 50%

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes
Road Access Yes

Amenities

waterfront dockage
boat slips
covered boat lift
floating dock
fish-cleaning station
screened fish-cleaning station
outdoor shower
propane tankless water heater
laundry building
front porch

Building Details

Year Built 1972
Year Renovated 2021
Buildings 4
Stories 1
Units 2
Tenancy Multi
Listing Agency: The American Dream
Listed By: Valena Driggers · License #3529193
Source: Crexi
Added: Jul 29 Changed: Aug 5 Last Checked: Aug 5 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The American Dream

Investment Insights

Based on property information with market context.

This mixed-use waterfront short-term rental property includes two furnished residences, a separate laundry building, and private dock improvements. The main house and MIL suite provide 3 bedrooms, 2 bathrooms, a full kitchen, living area, front porch, outdoor shower, and propane tankless water heater. The cottage adds 2 bedrooms, 1 bathroom, a full kitchen, front porch, outdoor shower, and propane tankless water heater. The laundry building contains two washers, one dryer, storage cabinetry, and workspace for linens and supplies. Total property size is 1,395 SF, with the original improvements dating to 1972.

Waterfront amenities include two boat slips, a covered boat lift, floating dock, fish-cleaning station, power, and water. The residences are in Flood Zone X, while the waterfront improvements are within the designated flood zone. The property is located on Riverside Drive, with walkable access to Sea Hag Marina, restaurants, festivals, and local attractions. Financial records cover the past four years, and bookings extend into 2026 and 2027. The dock house and screened room sustained Hurricane Helene damage and require renovation or redevelopment.

Key Highlights

  • Two furnished rental residences totaling 1,395 SF
  • Main house and MIL suite with 3 bedrooms and 2 bathrooms
  • Cottage offers 2 bedrooms, 1 bathroom, and a full kitchen

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center Grocery & Convenience Store Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby

Demographics for 32359, FL

1,837
Population
2,068
Households
0.9
Avg Household Size
59
Median Age
22%
College-Educated
97%
High-School Grad
183.8 sq mi
ZIP Area
10
Density / Sq Mi
$51,250
Median Household Income
$141,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished rental compound with two residences, private dockage, and established vacation-rental operations.
Where is this short term rental property located?
The property is located at 603 RIVERSIDE DR SE Steinhatchee, FL.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Two furnished rental residences totaling 1,395 SF; Main house and MIL suite with 3 bedrooms and 2 bathrooms; Cottage offers 2 bedrooms, 1 bathroom, and a full kitchen
(850) 843-2648 Call to check price and availability
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