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Updated almost 2 years ago,
Watersound Beach on 30a versatile property STR, LTR, MTR, retreats
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $3,675,000
Cash invested: $735,000
Versatile Property on the south side of 30a on Camp Creek Lake in Watersound Beach with gulf views. We employed an often used strategy for us of purchasing and using as a primary residence, then transition into a passive income generating asset and capturing maximum depreciation to offset other tax burdens.