Catylist ID:
#30829764
Units 65 & 69 Baybridge-Gulf Breeze-Owner Financing Avail
Office
for Sale
| Catylist Listing ID: | 30829764 |
| Property Subtypes: | Business Park, Office Building |
| Building Size (RSF): | 3,002 SF |
| Gross Land Area: | 0.06 Acres |
| Sale Price: | $449,000 |
| Unit Price: | $149.57 PSF |
| Ceiling: | 9 ft. |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Suite 65 & 69 Baybridge |
| Class of Space: | Class B |
| Usable Size (USF): | 3,002 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/3/2024 |
Overview / Comments
|
$100,000 Price reduction.... from $549,000 Seller will divide the units...$$269,000 each. This is Units 65 (1,500 SF) & 69 (1,502 SF) combined (3,002 SF). Total on ground floor 1,900 SF / Total upstairs 1,102 SF). (Baybridge is an 'office-condo') Total of 14 offices (9 downstairs / 5 upstairs) Kitchen break area / 3 Restrooms Association dues $255.50 per mo. There are rumors galore about a 'water line' issue and what it will cost. Attached is a letter from the City of Gulf Breeze that lays out the problem and what the cost will be....between $17,000 and $26,000 per unit (there are 2 units here, so $34K - $52K. The plan is amortize this over 10 yrs for the owners. The seller was asking $495,000 and has reduced the asking price by $50k to offset this costs. See attached letter from the City of GB . Located at the north-end of the Pensacola Bay bridge in the Baybridge Office Park. Owner will finance....call to discuss. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Santa Rosa |
| Taxing Authority: | Santa Rosa Co. |
| Tax ID/APN: | 05-3S-29-0215-00100-0150 |
| Zoning: | C-1 |
| Property Located Between: | Just off Gulf Breeze Pkwy @ Foot of the 3 Mile Bay Bridge |
| Property Visibility: | Good |
| Highway Access: | Just off Gulf Breeze Pkwy (Hwy 98) |
| Airports: | Pensacola International |
| Site Description: | Well maintained office park |
| Area Description: | Upscale Gulf Breeze......Nice homes off Gulf Breeze Pkwy with commercial fronting the highway. |
| Total Number of Buildings: | 2 |
| Number of Stories: | 2 |
| Typical SF / Floor: | 3,002 SF |
| Year Built: | 1984 |
| Year Renovated: | 2004 |
| Roof Type: | Gable |
| Construction/Siding: | Block, Stucco |
| Exterior Description: | Painted stucco |
| Parking Ratio: | 7 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | paved / striped |
| Total Parking Spaces: | 21 |
| Sprinklers: | None |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable |
| Interior Description: | Nice finish |
| Zoning Description: | C-1 (Gulf Breeze zoning allows office/retail uses in this classification) |
| Lot Frontage: | 43 |
| Lot Depth: | 32 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
| Land Ownership: | Fee Simple |
| Legal Description: | In File |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,783 | 8,090 | 42,258 |
| Median Age: | 47.57 | 46.8 | 42.29 |
| Households: | 1,607 | 3,673 | 18,817 |
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