85 Bay Bridge DrGulf Breeze, FL 32561

Property Details for 85 Bay Bridge Dr

Year built

1984

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

3,988 SF

Zone code

C1

Property type

Healthcare properties

Property subtype

Medical offices

APN

05-3S-29-0215-00100-0110

APU

053S290215001000110

Description

This exceptional 3,964 square foot medical office building, situated at 85 Baybridge Drive in Gulf Breeze, Florida, presents a unique investment opportunity. Built in 1984 and extensively renovated in 2023, this two-story building boasts a single-tenant occupancy and is zoned C-1. The property features high-end finishes, abundant natural light, and a tranquil atmosphere designed to enhance patient and staff comfort. Its strategic location just off Highway 98 (Gulf Breeze Parkway), offers convenient access to Pensacola and surrounding areas, placing it within easy reach of residents and visitors. The proximity to Gulf Breeze Hospital and other medical facilities further strengthens its appeal to healthcare professionals. The property's Santa Rosa County location (APN: 05-3S-29-0215-00100-0110) and its position in the Pensacola, Fort Walton Beach, Destin submarket cluster make it an attractive prospect for both sale and lease. This meticulously maintained building offers a sophisticated and functional workspace, ideal for a variety of medical practices. The property's modern design and prime location combine to create an exceptional opportunity in a thriving healthcare market. This is a turnkey solution for medical professionals seeking a high-quality, well-situated office space.

• CAP approach

  CAP return

  Valuation

  6%

  $540,113

  6.5%

  $498,566

  7%

  $462,954

• Comparable approach

  Method

  Valuation

  Relative Method

  $269,916

  Geo Method

  $283,507

• Alternative Use

  Use

  Valuation

  Residential

  $618,222

  Hospitality

  $566,288

  Educational

  $471,145

  Medical

  $487,348

  Retail

  $732,892

Location Insight

City

Gulf Breeze

County

Santa Rosa

State

Florida

Latitude

30.3683

Longitude

-87.1729

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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