This exceptional Class A retail/office property, located at 2550 Gulf Breeze Pkwy in Gulf Breeze, Florida (zip code 32563), offers 2,400 square feet of versatile space in a single-story, freestanding building. Built in 1979 and extensively renovated in 2024, the property boasts a 10-foot ceiling height and features one drive-in bay. Situated on a 1.89-acre lot with 112 feet of frontage along Hwy 98 (aka Gulf Breeze Pkwy and Bayshore Road), this property benefits from high visibility and convenient access to major roadways. The zoning is HCD (Highway Commercial Development), allowing for a variety of commercial uses. The property's location is highly desirable, nestled between Gulf Breeze Proper and Tiger Point, offering proximity to the 3-mile bridge, Garcon Point Bridge, Gulf Breeze Zoo, Gulf Breeze Hospital, and Gulf Islands National Seashore. The area is rich in amenities, dining, and recreational facilities, making it an attractive location for businesses seeking flexible space. The APN is 36-2S-29-0000-00500-0000. This property consists of two buildings, each one story high, with a total of one suite. No elevators are present.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,638,900
6.5%
$1,512,831
7%
$1,404,771
Comparable approach
Method
Valuation
Relative Method
$1,404,038
Geo Method
$1,474,736
Alternative Use
Use
Valuation
Residential
$1,276,129
Hospitality
$1,168,928
Educational
$972,534
Medical
$1,005,981
Retail
$1,512,831
Location Insight
City
Gulf Breeze
County
Santa Rosa
State
Florida
Latitude
30.3756
Longitude
-87.1186
CBSA code
37860
CBSA name
PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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