1455 S Ferdon Boulevard, Crestview, FL 32536 (MLS# 910262)

1455 S Ferdon Boulevard, Crestview, FL 32536

$950,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 35,284 Status: Sold

Current Price: $1,100,000 List Date: 10/17/2022 Last Modified: 10/13/2024

Description

Income producing office complex called Professional Market Place. Potential Gross rental income is approx. $119,000 + per year. Four buildings with 7 units total with all presently leased except 1 unit. All roofs replaced in 2017. Bldg D had all interior breaker panels and exterior meter panels replaced in 2022. Existing income is approx $106,000 per year.

More Information MLS# 910262

Contract Info

GCCMLS Number: 30821349 Listing Board: Emerald Coast List Date: 2022-10-17 List Price: $1,100,000

Location, Tax and Legal

Sub Area: 2501 Crestview Southeast Property Name: Professional Market Place Legal Description: Lots 8, 9, 10 Block 3 Averitt Addition Okaloosa County.

General Property Info

Listed on GCCMLS: Yes Vacant: No Lot Depth: 234 Zoning: Commercial Lot Frontage: 150 Acreage: 0.81

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Income producing office complex called Professional Market Place. Potential Gross rental income is approx. $119,000 + per year. Four buildings with 7 units total with all presently leased except 1 unit. All roofs replaced in 2017. Bldg D had all interior breaker panels and exterior meter panels replaced in 2022. Existing income is approx $106,000 per year.

Class

Income Producing: 1 Office: 1

Construction Status

Existing: 1

Office

# of Units: 7

Income Producing

Year Built: 1987 Building SqFt: 8472 Annual Gross Income: 119000 Property Type: Office

None

Current Price: $950,000

Status Change Info

Status: Sold Under Contract Date: 2022-11-29 Sold Date: 2022-11-30 Sold Price: $950,000

Location Tax and Legal

Area: 25 - Crestview Area Street #: 1455 Street Direction: S Street Name: Ferdon Street Suffix: Boulevard State: FL Zip Code: 32536 County: Okaloosa Parcel ID: 20-3N-23-1778-0000-0010

Property Features

Class: Income Producing; Office Construction Status: Existing

Listing Office: Realty House Commercial Prop

Last Updated: October - 13 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.