Gulf Breeze, FL 32563,5241 Gulf Breeze Parkway
Gulf Breeze, FL 32563,5241 Gulf Breeze Parkway
Gulf Breeze, FL 32563,5241 Gulf Breeze Parkway
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$2,400,000
Est. payment /mo
12,048 SqFt
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UPDATED:

12/09/2024 04:51 PM

Key Details

Property Type Single Family Home, Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,048 sqft

Price per Sqft $199

MLS Listing ID 964432

Year Built 1976

Lot Size 1.970 Acres

Acres 1.97

Property 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.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 $199.20 per square foot in one of the most sought-after markets

Location

State FL

County Santa Rosa

Area 11 - Navarre/Gulf Breeze

Zoning HCD


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Listed by NAI Pensacola

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agent

Tomell Johnson

+1(850) 443-6309

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