2550 Gulf Breeze PkwyGulf Breeze, FL 32563

  • Retail properties
  • 8,232 SF
For Lease
$20/SF/YR View listing

Property Details for 2550 Gulf Breeze Pkwy

Year built
1979
Construction
STEEL FRAME
Lot size
1.89 AC
Property size (Sq ft)
8,232 SF
Zone code
HCD
Property type
Retail properties
Property subtype
Retail space
APN
36-2S-29-0000-00500-0000
APU
362S290000005000000

Description

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
2550 Gulf Breeze Pkwy, Gulf Breeze, Florida

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,555
$426,304
$490,402
$916,706
-
$426,304
$490,402
$916,706

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