Property Type:
Commercial for Sale
Lot Size (sq. ft.):
7,841
Status:
Sold
Current Price:
$1,100,000
List Date:
9/03/2024
Last Modified:
12/19/2024
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.
Listing Office: Exit Realty Anchor South
Last Updated: December - 19 - 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.
