4550 Hwy 20, Niceville, FL 32578 (MLS# 609774)

4550 Hwy 20, Niceville, FL 32578

$1,900,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 97,574 Status: Sold

Current Price: $2,000,000 List Date: 2/11/2016 Last Modified: 10/11/2024

Description

GREAT INVESTMENT OPPORTUNITY BEST SUITED FOR AN 8.7% CAP INVESTOR OR AN OWNER OCCUPIER INVESTMENT MODEL!!! The Bluewater Bay Commercial Center is located in the highly sought after area of Bluewater Bay. In addition to several national and regionally based anchor tenants, a grocery chain, and out parcels consisting of Banks, Medical Offices, and Drug Stores.

More Information MLS# 609774

Contract Info

Listing Board: Emerald Coast List Date: 2013-12-14 List Price: $2,000,000

Location, Tax and Legal

Sub Area: 1308 - Bluewater Bay Property Name: BLUEWATER BAY COMMERCIAL STRIP Legal Description: 23-1S-22-1005-0000-0000

General Property Info

Vacant: No Zoning: COMMERCIAL Acreage: 2.24

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: GREAT INVESTMENT OPPORTUNITY BEST SUITED FOR AN 8.7% CAP INVESTOR OR AN OWNER OCCUPIER INVESTMENT MODEL!!! The Bluewater Bay Commercial Center is located in the highly sought after area of Bluewater Bay. In addition to several national and regionally based anchor tenants, a grocery chain, and out parcels consisting of Banks, Medical Offices, and Drug Stores.

Class

Retail: 1

Construction Status

Existing: 1

Retail

Property Type: Neighborhood Cntr Year Built: 2003 Building SqFt: 18900 Price P/SqFt: 107 Vacancy Rate: 9 Scheduled Income: 260344 Expenses: 85344 Net Operating Income: 175000 Cap Rate: 8.7 # of Units: 10

None

Current Price: $1,900,000

Status Change Info

Status: Sold Under Contract Date: 2016-04-15 Sold Date: 2016-06-30 Sold Price: $1,900,000

Location Tax and Legal

Area: 13 - Niceville Street #: 4550 Street Name: Hwy 20 State: FL Zip Code: 32578 County: Okaloosa Parcel ID: 23-1S-22-1005-0000-0000

Property Features

Class: Retail Construction Status: Existing

Listing Office: NBI Properties Inc

Last Updated: October - 11 - 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.