Located in the heart of Old Town, Florida this income-producing property offers a rare investment opportunity with multiple living spaces. The main home (yellow exterior ) features three bedrooms and two bathrooms and has been recently remodeled in 2022 with updated finishes. The kitchen includes stainless steel appliances, plenty of cabinets & counter space with an eat in kitchen. Each room has an exterior door for added safety features or fire exits. In addition to the main house, the property includes a one-bedroom, one-bathroom apartment that is currently rented, providing immediate income potential. A separate studio with power, a kitchenette, and a bathroom offers even more flexibility—perfect for home office, studio, gym or crafting she shed. Outside, there is a large workshop/barn for storage and a detached carport for covered parking. Situated in beautiful Dixie County, this property is just minutes from the Suwannee River, where you can enjoy boating, fishing, and kayaking. Several natural springs, including Fanning Springs and Hart Springs, are nearby, offering crystal-clear waters for swimming and diving. Outdoor enthusiasts will love the easy access to the Nature Coast State Trail, a scenic spot for biking and walking. Located just 20 miles from the Gulf of America , this peaceful community provides easy access to top coastal destinations like Suwannee, Steinhatchee Horseshoe Beach, and Cedar Key-all within a short drive. Whether you're looking for a day of fishing, boating, or waterfront dining, the Gulf is just a quick trip away, making Old Town an ideal spot for those who love both country living and coastal adventures. Whether you're looking for a home with extra income potential or an investment in one of Florida's most sought-after outdoor destinations, this property is a must-see.