2027-2043 Presidio St - Apartments FOR SALE


Navarre, FL 32566
$1,798,000 USD
813-697-1475
2027-2043 Presidio St, Navarre, FL for Sale
$1,798,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2027-2043 Presidio St
Navarre, FL 32566


HIGHLIGHTS

  • Value-Add Potential
  • Separately Metered Utilities
  • Desirable Location
  • Property Amenities
  • Access to Area Amenities
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the Presidio Street Apartments, an eight-unit apartment community located at 2027, 2029, 2031, 2033, 2037, 2039, 2041, and 2043 Presidio Street in Navarre, Florida (the “Property”). The Property is welllocated in a quiet residential neighborhood in the center of Navarre, with excellent access to all the amenities the city has to offer. Navarre is positioned along the banks of the Santa Rosa Sound and offers convenient access to Navarre Beach and the Gulf Islands National Seashore which are home to a variety of outdoor recreational activities. Navarre’s downtown features a plethora of employment, shopping and entertainment opportunities and offers convenient access to Pensacola, Destin and Fort Walton Beach, the area’s larger employment centers. Santa Rosa Medical Center is the largest employer in the city, and the area is home to the Naval Air Station Whiting Field (5-miles) and nearby Eglin Air Force Base, Pensacola Air Force Base and Hurlburt Airforce Base. The Presidio Street Apartments are comprised of four buildings and consist of eight (8) total units, comprised of four (4), 2-Bedroom/2-Bathroom units and four (4), 3-Bedroom/2-Bathroom units with 14,746 square feet of living area on a 0.92-acre parcel. The Property has ample on-site parking with eight (8) private garage bays and offers mature landscaping and green space for the residents. Navarre is located within Santa Rosa County, which is strategically placed in Florida’s aerospace and defense corridor which includes Naval Air Station Whiting Field in Milton (Santa Rosa County), Naval Air Station, Pensacola (Escambia County), Hurlburt and Eglin Air Force Base (Okaloosa County) and Tyndall Air Force Base, Panama City, FL (Bay County). With certified sites, modern infrastructure and a trained, educated, and experienced workforce, Santa Rosa County is a desirable place to live and visit. With the area’s expanding tourism, vibrant farming community, growing industrial presence, strong military ties, and top-notch schools, it is no surprise that Santa Rosa County is one of the fastest growing counties in the United States.

FOR SALE DETAILS

PRICE

$1,798,000 USD

PRICE/SF

$976 USD /SF

# OF UNITS

8

PRICE/UNIT

$224,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Presidio Street Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

21-2S-26-2740-01000-0160

ASK ABOUT THIS PROPERTY

Adam PodbelskiHorvath & TremblayMore Info
813-697-1475

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Adam PodbelskiHorvath & TremblayMore Info
813-697-1475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.