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: |
5/16/2023 |
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 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
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