For Sale
$6,250,000

8936 Navarre PkwyNavarre, FL 32566

Prime Navarre location, redevelopment opportunity. Boat storage income.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 6.09-acre commercial property in Navarre, Florida, presents a compelling redevelopment opportunity. Currently housing a single-story, 2,000 square foot building with 4,560 square feet of net rentable space, operating as a boat and RV storage facility, this property offers significant income potential. The existing structure was built and renovated in 1984 and sits on two separate parcels located at 8936 and 8926 Navarre Parkway, zip code 32566, within Santa Rosa County. The property boasts 100% occupancy and is zoned HCD, providing flexibility for various commercial or residential projects. The asking price is $6,250,000, translating to $1,026,272 per acre and $3,125 per square foot. High traffic volume (over 47,000 vehicles per day) on Navarre Parkway, coupled with strong demographics (average household income within 3 miles is $123,120, and average household value within 10 miles is $402,906), underscores the property's exceptional investment potential. An on-site billboard further enhances visibility and marketing opportunities. This is a rare chance to acquire a substantial land parcel in a thriving Florida market. The property is for sale by owner. Parcel numbers are 21-2S-26-0789-0DD00-0000.

Highlights

  • Prime commercial development site.
  • High traffic count: over 47,000 vehicles per day on Navarre Pkwy.
  • Strong demographics: average household income within 3 miles exceeds $123,120.
  • High average home values: over $402,906 within a 10-mile radius.
  • On-site billboard advertising opportunity.

Property Details for 8936 Navarre Pkwy

Property type
Land
Square Feet
2,000 SF
Year Built/Renovated
1984/1984
Buildings
1
Stories
1
Lot Size (sq. ft)
265,280 SF

Location Insight

City
Navarre
County
Santa Rosa
State
Florida
Latitude
30.4068933
Longitude
-86.8489879
8936 Navarre Pkwy, Navarre, Florida

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8936 Navarre Pkwy
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