For Sale
$4,850,000

3123 Gulf Breeze PkwyGulf Breeze, FL 32563

30,062 SF Retail Building, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A retail building, located at 3123 Gulf Breeze Parkway in Gulf Breeze, Florida, presents a unique investment opportunity. Boasting 30,062 square feet across two and a half stories, this 2008-built structure sits on a 1.8-acre lot with 189 feet of prime frontage on a high-traffic corridor (approximately 59,000 vehicles daily). The building features a stylish stucco exterior, a durable metal roof, and a well-maintained, landscaped parking lot with 62 spaces. The interior includes 10,497 square feet of climate-controlled main floor space with 10-foot ceilings, and a spacious second floor offering 14,400 square feet with approximately 30-foot ceilings. A finished, climate-controlled basement adds another 5,165 square feet, including a large 3,902 square foot area with 23-foot eave height. The property is zoned HCD and benefits from a wet sprinkler system, security system, and fluorescent lighting. Currently vacant with an occupancy date of October 7, 2024, this property is ideal for owner-users seeking a prominent location in a thriving retail market. The building's efficient floor plan and high-quality construction make it an attractive option for a variety of retail uses. The Gulf Breeze area shows strong growth potential, with a high median home price and projected appreciation. This is a rare opportunity to acquire a substantial retail property in a highly desirable location with excellent visibility and ample parking. The asking price is $4,850,000.

Highlights

  • Highly desirable Gulf Breeze market with limited developable land; strong residential demand evidenced by $394,185 median home price (significantly above national average).
  • Projected 3.72% annual median home price appreciation over next five years.
  • Prime location on Gulf Breeze Parkway, a major retail thoroughfare with 59,000+ daily vehicles, anchored by national retailers (Publix, Walmart, Lowe's) and restaurants (Panera, Chick-fil-A).
  • Strong east Gulf Breeze absorption rates for new residential development.
  • 30,062 SF multi-story building (2.5 stories), 1.8 acres, HCD zoning, 189' frontage, built 2008.
  • Features wet sprinkler system, security system, fluorescent lighting, 100% building efficiency ratio, 62 parking spaces, and attractive landscaping.

Property Details for 3123 Gulf Breeze Pkwy

Property type
Retail properties, Retail space
Square Feet
30,062 SF
Class
A
Year Built
2008
Buildings
1
Stories
2
Lot Size (sq. ft)
78,408 SF
Units
1

Location Insight

City
Gulf Breeze
County
Santa Rosa
State
Florida
Latitude
30.385694631794
Longitude
-87.093792012044
3123 Gulf Breeze Pkwy, Gulf Breeze, Florida

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3123 Gulf Breeze Pkwy
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