$1,050,000
Navarre, FL 32566
MLS# 931406
1 / 86
Property Description
NEW PRICE!! Unique investment opportunity on Navarre Beach. Take advantage of three income streams with a full-time commercial tenant as well as 2 short-term rentals. Property has been updated since 2019 and has an effective build date of 2014. The first floor holds the offices for a local property management company who has just signed a new one year extension to their lease, effective through August 2024. The property management company manages the upper level units, which perform very well and have great reviews.
Details
None
Current Price: $1,050,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 30854677
List Date: 2023-09-01
List Price: $1,050,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 11 - Navarre/Gulf Breeze
Street #: 8438
Street Name: Gulf
Street Suffix: Boulevard
State: FL
Zip Code: 32566
County: Santa Rosa
Sub Area: 1101 - Navarre Beach
Parcel ID: 28-2S-26-0000-00900-0000
Legal Description: COM NE COR OF LOT 20 1ST ADDT NAVARRE BEACH (PB 5 PG 95) OF SECTION 28 TOWNSHIP 2 SOUTH RANGE 26 WEST THN N10 49'27''W 120 FT TO NLY R/W LI GULF BLVD THN N79 10'33''E ALG R/W 250 FT TO POB THN CONT 50 FT THN N10 49'27''W 160 FT THN S79 10'33''W 50 FT THN S10 49'27''E 160 FT TO POB TOG/W AN EXCL ESMNT ALL AS DES IN OR 3825 PG 411
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
Acreage: 0.18
Lot Frontage: 54
Lot Depth: 160
Zoning: Commercial
Listing Info, Tax & Legal
As Is: No
Remarks & Misc
Remarks: NEW PRICE!! Unique investment opportunity on Navarre Beach. Take advantage of three income streams with a full-time commercial tenant as well as 2 short-term rentals. Property has been updated since 2019 and has an effective build date of 2014. The first floor holds the offices for a local property management company who has just signed a new one year extension to their lease, effective through August 2024. The property management company manages the upper level units, which perform very well and have great reviews.
Office/Member Info
Cooperative Comp: 2
Cooperative Comp Type: %
Income Producing
Year Built: 1979
Building SqFt: 2392
Property Type: Other (See Remarks)
Office
Year Built: 1979
Property Type: Low Rise
# of Units: 1
Other
# of Units: 2
Property Features
Class: Income Producing; Office; Other
Construction Status: Existing
Listing Office: Coldwell Banker Realty
Last Updated: March - 25 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Saturday 4th of May 2024 10:12 PM
