Haleiwa - Beach Property For Sale #3261830

Motivated Seller!! Previous Appraisal came in at 3 million prior to the $280K in renovations the sellers did. Immaculate multiple dwellings; Renovated in 2022 with high-end, luxury finishes. Total of 116 owned PV Panels!!!The property is in the heart of North Shore, across from Shark's Cove and the start of the bike path to Log Cabins, Pipeline, and Rocky Point. Just a few minutes bike ride to Sunset Beach or a short walk to Waimea Bay. Legal non-conforming 14 bedrooms and 7 full baths with R-5 zoning on over 10,0000 sqft lot with a total of 7 separate units, which has potential to generate impressive rental income. The zoning and lot size has the potential to CPR both homes! This is a one-of-a-kind property with ocean frontage, but without the ocean erosion issues and in Flood Zone X. The property has received permits to raise the back house 8ft and to the left to mimic the middle structure, which will provide ocean views from almost every unit and an extended carport and laundry room below. Ideal for investors with the potential to CPR. Don't miss out on this rare North Shore investment opportunity.