$4,950,000

Beautiful 8 unit apartment complex located in the multi-million dollar neighborhood of Santa Barbara Shores. You can run short term vacation rentals or long term rentals with jet skis or charter boats right out off the back for guests or tenants! This unique building offers: 4 large 2/2's, 4 large 1/1's, 4 boat slips, an office with a toilet and sink, and a laundry facility. It can be used as 11 units with 3- studios, 7 - 1/1's and 1 large 2/2 with an extra sunroom and the best water view! 60' Waterfront, Ocean Access, No Fixed Bridges. East Facing back exposure for constant breeze and shade in the afternoon. Large courtyard and backyard for activities! 4 brand new central AC's and all new AC wall units! The income possibilities are endless!