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1940 Bluewater Boulevard, Niceville, FL

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1940 Bluewater Boulevard

Niceville, FL 32578-3879 - Bluewater Bay MF Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1994
Stories:2 Typical Floor:- Building Size:19,000 SF
For Sale Price:$1,725,000 Price/SF:$90.79
Cap Rate:-

Sale Notes:
Exceptional multi-family site in Bluewater Bay Resort. Designed as hospitality for the coveted golf on the resort, this site lends itself to multi-faceted uses, leveraging its premier, nearly 4-acre site, containing 300+ feet fronting Bluewater Blvd. and 300' on the golf course! The existing improvements include 2 two-story buildings, which contain a total of 24 one-bedroom, one-bath units, operated as a hotel. The Bluewater Bay DRI master plan and/or amendment(s) thereafter may have granted approval for a total of 36 to 38 total keys for the subject parcel. Buyer must verify all details and specifications.

Somers & Company
John Paul Somers
(850) 654-7777

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