PARADISE VILLAGE / Waterfront Office Building

Office for Sale
Catylist Listing ID: 30843106
Property Subtypes: Business Park, Medical, Mixed Use, Office Building
Condo? Yes
Building Size (RSF): 19,147 SF
Gross Building Area: See Agent
Sale Price: $2,100,000
Property Use Type: Investment
Building Name: Paradise Village, Building H, Units 34-40
Class of Space: Class C
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 11/20/2023

Overview / Comments

This two story water front office building is located within Paradise Village on the Santa Rosa Sound in Fort Walton Beach. Building H consists of seven units all with views of the intracoastal waterway. Each unit has been finished with different layouts. Some of the units have been combined to accommodate previous tenants.Paradise Village is a office and retail complex that consists of one to three story buildings separated by a canal but joined by decking that runs along the center canal. The overall site has 404 feet of frontage on Miracle Strip Parkway (Hwy 98) and a site depth of 573 feet.

Current Tenants

Tenant Business Name Bank of England Mortgage
Is Renting? Yes

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa
Tax ID/APN: 23-2S-24-506A-0000-0340
Is Condo?: Yes
Zoning: MX-2
Property Located Between: Liza Jackson Park & Wright Parkway
Property Visibility: Good
Number of Stories: 2
Year Built: 1988
Year Renovated: 1995
Parking Type: Surface
Parking Description: Common Parking
Passenger Elevators: 2
Sprinklers: Wet
Interior Description: Class C & D Offices
Zoning Description: Mixed Use, High Intensity
Part of Planned Development?: Yes
In Flood Plain?: Yes
Land Ownership: Owned
Legal Description: HARBOURTOWN SHOPPING VILLG LOTS 34,35,36,37,38,39,40

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,200 42,089 67,641
Median Age: 41.73 39.28 38.76
Households: 2,726 18,205 28,603


© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions.