8438 Gulf Boulevard, Navarre, FL 32566

$1,100,000

Property Description

Well maintained commercial building on Navarre Beach currently holding 3 separate rental options. The first floor is occupied by a property management company with a consistent, long-term record of income and a lease up for renewal in November. The second floor currently comprised of two short or long term rental units, nicely updated and furnished with a record of consistent rental income. The building itself is the only commercial building currently available on Navarre Beach and has been updated with a significant investment in decking, stucco repair, roof rerolled within past 5 years and updates to accommodate property management company. The three separate units provide over $100,000 in gross rental income annually.

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Listing courtesy of Exit Realty Anchor South.

Vendor Member Number : 28166