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Search Results -> 8438 Gulf Boulevard, Navarre

8438 Gulf Boulevard, Navarre 32566 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 958325 Price: $1,100,000.00 Year Built: 1988
Square Feet: 598 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 0.18 acres Lot Dimensions: Not available

Subdivision: Not available

Description:

Well maintained commercial building on Navarre Beach currently holding 3 separate rental options. The first floor is occupied by a property management company with a consistent, long-term record of income and a lease up for renewal in November. The second floor currently comprised of two short or long term rental units, nicely updated and furnished with a record of consistent rental income. The building itself is the only commercial building currently available on Navarre Beach and has been updated with a significant investment in decking, stucco repair, roof rerolled within past 5 years and updates to accommodate property management company. The three separate units provide over $100,000 in gross rental income annually.

Photos

Features

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Commercial Features

  
Income-Producing Year Built: 1988 Income-Producing Annual Gross Income: 111003.96 Income-Producing Property Type: Other (See Remarks)Office Year Built: 1988 Office Building Square Footage: 2392 Office Unit Square Footage: 1196
Office Vacancy Rate: 0 Office Scheduled Income: 55320 Office Property Type: Low Rise Office Number of Units: 1 Other Year Built: 1988
Other Unit Square Footage: 598 Other Scheduled Income: 55683.96
Other Number of Units: 2

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This listing provided courtesy of Exit Realty Anchor South.
This information was last updated on 10/10/2024 2:53:51 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.


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