8438 Gulf Blvd Navarre, FL 32566

This unique investment opportunity in Navarre Beach, Florida, presents a compelling trifecta of income streams. The 2,392 square foot building, constructed in 1988 and renovated in 2019, boasts a prime location at 8438 Gulf Blvd, Navarre, FL 32566 (APN: 28-2S-26-0000-00900-0000). The property is zoned NB-C and features a two-story structure. A local property management company occupies the first floor, recently extending their lease through August 2029. This provides a stable, full-time commercial tenant. The upper level comprises two highly-rated short-term vacation rentals, managed by the first-floor tenant, generating additional revenue. This turnkey operation offers a blend of consistent commercial income and lucrative short-term rental returns. The property's effective date is 2014, reflecting ongoing success and strong performance. The asking price is $1,050,000. This presents a rare chance to acquire a well-established, multi-income generating property in a desirable coastal location. The property's strong performance history and current lease agreement make it an attractive investment for discerning buyers seeking a diversified income stream and significant return on investment. The property management company's expertise ensures seamless operation and maximized rental income.