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