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

401 Mary Esther Boulevard A,B,C,D, Mary Esther, FL 32569

$1,250,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 33,106 Status: Sold

Current Price: $1,399,999 List Date: 6/27/2019 Last Modified: 10/12/2024

Description

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.

More Information MLS# 823994

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

Contract Info

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

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

General Property Info

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

Income Producing

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

Retail

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

Property Features

Class: Income Producing; Retail Construction Status: Existing

Listing Office: Silver Sands Real Estate

Last Updated: October - 12 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.