813-697-1475
5 Mooney Rd, Fort Walton Beach, FL for Sale
Apartments - FOR SALE
1/27
null | Request Cap Rate

5 Mooney Rd
Fort Walton Beach, FL 32547


HIGHLIGHTS

  • Desirable Location
  • Access to Area Amenities
  • Strong Military Presence
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire The Greens on 5th, a 96-unit apartment community in Fort Walton Beach, Florida (the “Property”). Constructed between 1972 to 2008, The Greens on 5th is a desirable asset directly across the street from Fort Walton Beach Golf Course and minutes from the famous white sand beaches. The Greens on 5th contains a total of ninety-six (96) units, comprising eight (8), 3-Bedroom/2-Bathroom units, fifty-seven (57), 2-Bedroom/2-Bathroom units, twenty-two (22), 2-Bedroom/1-Bathroom units, and nine (9), 1-Bedroom/1-Bathroom units, with 85,073 rentable square feet on 5.1 acres of land. Located at 5 Mooney Road NE in Fort Walton Beach, The Greens on 5th is nestled within a well-established residential neighborhood just north of downtown. The community offers a suburban setting with convenient access to key commercial corridors, Lewis Turner Boulevard (FL-189), Eglin Parkway NE (FL-85) and Miracle Strip Parkway SE (US-98), the area’s primary commercial and commuter corridor. The area is home to a number of shopping centers and beachside resorts, providing residents with easy access to a wide array of retail, dining, and entertainment options. Fort Walton Beach benefits from a strong military presence with nearby Eglin Air Force Base and Hurlburt Field, as well as a thriving tourism sector that contributes to the area’s economic vitality and steady demand for housing.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

96

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Greens on 5th

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

25-1S-24-1570-000J-0010

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.