5241 Gulf Breeze Parkway
Gulf Breeze, FL 32563
Description
5241 Gulf Breeze Pkwy offers an exceptional value-add opportunity for investors. The property is currently owner-operated with short-term leases in place, providing the potential for a new owner to adjust lease rates to align with the highly competitive Gulf Breeze market, where NNN lease rates typically range from $17 to $29 per square foot. The current owner would lease back his portion of the space for a term to be negotiated with new owner.Additionally, there is potential for assemblage with the adjacent 0.98-acre HCD-zoned parcel, which, while not currently listed for sale, adds further strategic possibilities for future development.This property is an excellent acquisition for a savvy investor, priced at just $190.20 per square foot in one of the most sought-after markets
Property Details
- Lot Size200 x 425
- Property TypePurchase
- Cost2300000
- MLS #964432
- MLS #964432
- Pool1
- Property SubtypeE
Location
Legal
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Last Updated: . Source: ECAR
Listing Courtesy
Listing Agent: Theresa G Davis (#20180823203014174161000000)
Listing Office: NAI Pensacola (#20180823203002605720000000)
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