$920,000
$1,100,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
2,392 SqFt
SOLD DATE : 12/18/2024
Key Details
Sold Price $920,000
Property Type Single Family Home
Sub Type Other (See Remarks)
Listing Status Sold
Purchase Type For Sale
Square Footage 2,392 sqft
Price per Sqft $384
MLS Listing ID 958325
Sold Date 12/18/24
Year Built 1988
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Other (See Remarks)
Property 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.
Location
State FL
County Santa Rosa
Area 11 - Navarre/Gulf Breeze
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