401 Mary Esther Boulevard A,B,C,D, Mary Esther, FL 32569 (MLS# 823994)

Contract Info

Listing Board: Emerald Coast List Date: 2019-05-30 List Price: $1,399,999

Location, Tax and Legal

Unit #: A,B,C,D Sub Area: 1204 - Mary Esther/East of Hurlburt Property Name: Dodge Shopping Center Legal Description: BRYN MAWR PARK 1ST ADD W PART OF S200 FT OF LOT 7 BLK 12 AS OR

General Property Info

Listed on GCCMLS: No Vacant: No Immediate Occupancy: No Lot Depth: 198 CAM: 23157 CAM Per: Year Zoning: Commercial Lot Frontage: 130 Future Land Use: Commercial Acreage: 0.76

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Income producing, 4 unit shopping center located on busy main road. Long term anchor tenants in place. Some leases are up for renewal. Potential to convert to Class A and increase NOI. 20,000-40,000 car traffic count. Call for more information. $135,000 annual income.

Class

Income Producing: 1 Retail: 1

Construction Status

Existing: 1

Doors & SqFt

Door Height: 40 Eave Height: 80 Warehouse SF: 6500

Retail

Property Type: Strip Center Year Built: 1980 # of Units: 4

Income Producing

Year Built: 1998 Building SqFt: 11200 Annual Gross Income: 133000 Net Operating Income: 102874 Cap Rate: 7.35 Property Type: Retail

None

Current Price: $1,250,000

Status Change Info

Status: Sold Under Contract Date: 2019-07-01 Sold Date: 2020-03-09 Sold Price: $1,250,000

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 401 Street Name: Mary Esther Street Suffix: Boulevard State: FL Zip Code: 32569 County: Okaloosa Parcel ID: 16-2S-24-0291-0007-012F

Property Features

Class: Income Producing; Retail Construction Status: Existing