2990 Gulf Breeze PkwyGulf Breeze, FL 32563

Property Details for 2990 Gulf Breeze Pkwy

Year built

2005

Construction

STEEL FRAME

Lot size

0.69 AC

Property size (Sq ft)

8,937 SF

Zone code

HCD

Property type

Office buildings

APN

30-2S-28-0000-00406-0000

APU

302S280000004060000

Description

This exceptional 9,230-square-foot Class A office and warehouse building is situated on 0.69 acres in the desirable Oriole Beach/Tiger Point area of Gulf Breeze, Florida (32563). Built in 2005 and renovated in 2014, this single-tenant property boasts a 25-foot ceiling height in the warehouse and offers ample parking with 25 spaces. The building features a 6,289-square-foot office suite, including 14 offices, administrative support stations, five restrooms, handwashing stations throughout, and a full kitchen and break room. A climate-controlled 2,941-square-foot warehouse with a 1,000-square-foot mezzanine provides additional versatile space. The property is zoned HCD and its location on the heavily trafficked Highway 98 corridor offers excellent visibility and accessibility. This turnkey property is ideal for a variety of professional businesses, benefiting from the area's high household wealth index of 176, exceeding the national average. The property is currently vacant and ready for immediate occupancy. APN: 30-2S-28-0000-00406-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,210,379

  6.5%

  $1,117,273

  7%

  $1,037,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $604,874

  Geo Method

  $635,331

• Alternative Use

  Use

  Valuation

  Residential

  $1,385,419

  Hospitality

  $1,269,036

  Educational

  $1,055,823

  Medical

  $1,092,135

  Retail

  $1,642,392

Location Insight

City

Gulf Breeze

County

Santa Rosa

State

Florida

Latitude

30.3856

Longitude

-87.0995

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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