8438 Gulf Blvd, NAVARRE, FL

$1,050,000

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7,841

Square feet

0.18

Acres

Description

NEW PRICE!! Unique investment opportunity on Navarre Beach. Take advantage of three income streams with a full-time commercial tenant as well as 2 short-term rentals. Property has been updated since 2019 and has an effective build date of 2014. The first floor holds the offices for a local property management company who has just signed a new one year extension to their lease, effective through August 2024. The property management company manages the upper level units, which perform very well and have great reviews.

Legal Description

COM NE COR OF LOT 20 1ST ADDT NAVARRE BEACH (PB 5 PG 95) OF SECTION 28 TOWNSHIP 2 SOUTH RANGE 26 WEST THN N10 49'27''W 120 FT TO NLY R/W LI GULF BLVD THN N79 10'33''E ALG R/W 250 FT TO POB THN CONT 50 FT THN N10 49'27''W 160 FT THN S79 10'33''W 50 FT THN S10 49'27''E 160 FT TO POB TOG/W AN EXCL ESMNT ALL AS DES IN OR 3825 PG 411

Features of 8438 Gulf Blvd

MLS® # 931406
Price $1,050,000
Square Footage 7,841
Acres 0.18
Type Commercial Sales
Status Active

Community Information

Address 8438 Gulf Blvd
Area Navarre/Gulf Breeze
Subdivision
City NAVARRE
County SANTA ROSA
State FL
Zip Code 32566

Amenities

Is Waterfront No

Exterior

Lot Description 54 x 165

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Price History for MLS #931406

Date Details Change
Price Reduced from $1,100,000 to $1,050,000 $50,000 (4.55%)
Price Reduced from $1,200,000 to $1,100,000 $100,000 (8.33%)

For more information call

(850) 325-0004

Listing Map

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