Multi-Family Property

Multi-Family for Sale
Catylist Listing ID: 30360779
Property Subtypes: Duplex/Fourplex
Number of Units: 6 Units
Building Size (RSF): 6,120 SF
Gross Building Area: See Agent
Gross Land Area: 0.92 Acres
Sale Price: $580,000
Unit Price: $96,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2019

Overview / Comments

This multi-family property consists of 3 duplexes on one acre, with shared, off-street parking. Each unit consists of 2 bedrooms and 1 full bathroom. The property is located close to the two major highways, Highway 87 and Highway 98. This property is central to the retail heart of Navarre, and is two minutes from the beach.

Property Details:
• All units have upgraded or new appliances
• All units have upgraded vinyl or laminate flooring with two units still having carpet in the bedrooms.
• Three units have granite kitchen counter tops; three units have formica kitchen counter tops
• All bathrooms have a solid surface or granite counter tops
• Central HVAC
• Large utility room in each unit
• No vacancies in the area for this type of rental
• Possibility to subdivide

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Holley Navarre (District 12)
Tax ID/APN: 21-2S-26-2740-01200-0160
Zoning: R2M
Percent Occupied: 100%
Highway Access: Located close to the two major highways, Highway 87 and Highway 98.
Airports: Eglin Air Force Base Airport & Pensacola Regional Airport
Area Description: This property is located in the retail heart of Navarre, and is also close to the beach.
Total Number of Buildings: 3
Property Condition: Good
Year Built: 1984
Roof Type: Gable
Construction/Siding: Stucco
Parking Type: Surface
Lot Frontage: 100
Lot Depth: 200

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,484 21,773 28,525
Median Age: 35.56 35.56 36.09
Households: 544 8,235 10,726

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