3123 Gulf Breeze Pky - Health Club FOR SALE


Gulf Breeze, FL 32563
$4,850,000 USD
3123 Gulf Breeze Pky, Gulf Breeze, FL for Sale
$4,850,000 USD
Health Club - FOR SALE
1/38
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3123 Gulf Breeze Pky
Gulf Breeze, FL 32563


HIGHLIGHTS

  • Stand Alond Small Box Retail
  • Highly Sought After Commercial Area
  • Limited Inventory Available

OVERVIEW

Located at 3123 Gulf Breeze Parkway, the Funplex Building is an appealing two and half story structure boasting a total area of 30,062 square feet. This building features a stylish stucco exterior combined with a durable metal roof. It also encompasses a finished basement that measures 5,165 square feet and is climate-controlled. Within the southeast corner of the basement, there is a spacious area of approximately 3,902 square feet that offers an impressive eave height of 23 feet. The remaining 1,263 square feet consists of single-story spaces that are utilized for party rooms. On the main floor, you’ll find 10,497 square feet of temperature-regulated finished space, characterized by a ceiling height of ten feet. Meanwhile, the second floor offers a generous 14,400 square feet of finished area, accompanied by a ceiling height of about 30 feet. 30,062 SF Multi Story Building 2.5 Story Building 1.8 AC Zoned HCD 189 FT Frontage Built in 2008 Wet Sprinklered System Security System Flourescent Lighting Building Efficiency Ratio 100% Parking 62 Spaces Beautifully Landscaped Efficient Floor Plan Located in a pinnacle position along Gulf Breeze Parkway where there is a high demand for commercial real estate, but a limited inventory. 3123 Gulf Breeze Parkway has been crafted from high quality materials and meticulously maintained. With 190 feet of frontage, it enjoys excellent visibility to the 40,500 vehicles that drive by each day. Site Description: Access drive from HWY 98 / Gulf Breeze Pkwy into well maintained parking lot with 62 parking stalls, all striped with bumpers. The parking lot islands are nicely landscaped and maintained well with palm trees planted around the building, and ornamentals in the islands for a nice pop of color. The parking lot is well designed for traffic flow and functionality and security lights keep the lot safe. Area Info The Gulf Breeze region is a highly desirable market for both residential and commercial properties, with limited available land for development. The current median home price in this area stands at $394,185, significantly higher than the national median of $355,577. Over the next five years, the median value is anticipated to increase by an annual rate of 3.72%, potentially reaching $473,266. Gulf Breeze Parkway serves as a key retail artery, accommodating approximately 59,000 vehicles per day. It features major retailers like Publix, Walmart, and Lowe's alongside popular dining options such as Panera and Chickfil- A, as well as various well-known national brands. To the east of Gulf Breeze proper, developers have faced swift absorption rates for lot sales and new subdivisions.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Freestanding, Showroom, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,282 SF

ZONING

HCD

APN/PARCEL ID

30-2S-28-0000-00800-0000

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