$31,000,000 USD
636-449-2600
940 Santa Rosa Blvd
Fort Walton Beach, FL 32548
Santa Rosa Island
OVERVIEW
Somerset Oceanside Apartments is a 130 unit apartment complex with a private boardwalk to the beach. Located on Okaloosa Island in Fort Walton Beach,
Florida. Less than a 20 minute drive from the Destin - Fort Walton Beach Airport, and 15 minutes from the Destin boardwalk.
Includes 6 unit beachfront condo building.
FOR SALE DETAILS
PRICE
$31,000,000 USD
PRICE/SF
$227 USD /SF
# OF UNITS
130
PRICE/UNIT
$238,462
CAP RATE
6.03%
% LEASED
95%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Somerset Oceanside Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1975
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.4 AC
LAND SF
235,224 SF
ZONING
B-2
APN/PARCEL ID
00-2S-24-2185-0009-0547
ASK ABOUT THIS PROPERTY
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636-449-2600
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Please correct the highlighted field(s).
636-449-2600
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
