1300 Shoreline DrGulf Breeze, FL 32561

Property Details for 1300 Shoreline Dr

Year built

2007

Construction

WOOD

Lot size

0.91 AC

Property size (Sq ft)

14,802 SF

Zone code

C1

Property type

Banks

APN

04-3S-29-0000-04902-0000

APU

043S290000049020000

Description

This exceptional two-story, 13,414 square foot Class A office building in Gulf Breeze, Florida, presents a unique investment opportunity. Located at 1300 Shoreline Drive, this freestanding building boasts three suites across two stories, with 1,581 square feet currently vacant. The building, constructed in 2007, features an elevator and ample parking. The first floor is ideally suited for medical practices, complete with four exam rooms, a reception area, and a waiting room. The second floor offers two traditional office suites, each with its own bathroom and kitchen/break area (except suite 212). The property sits on a 0.94-acre lot, zoned C-1, and benefits from high visibility due to its location off Highway 98, experiencing approximately 55,500 Average Annual Daily Traffic (AADT) according to the Florida Department of Transportation (FDOT). The surrounding community offers a strong demographic profile, with a median household income of $107,000 and a median home value of $495,000, within a 7-minute drive. This presents a compelling opportunity for businesses seeking a high-quality, well-located office space in a thriving community. Santa Rosa County location, zip code 32561.

• CAP approach

  CAP return

  Valuation

  6%

  $2,946,914

  6.5%

  $2,720,228

  7%

  $2,525,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,524,607

  Geo Method

  $2,651,731

• Alternative Use

  Use

  Valuation

  Residential

  $2,294,614

  Hospitality

  $2,101,854

  Educational

  $1,748,718

  Medical

  $1,808,859

  Retail

  $2,720,228

Location Insight

City

Gulf Breeze

County

Santa Rosa

State

Florida

Latitude

30.3572

Longitude

-87.166

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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