348 SW Miracle Strip Parkway , D

    Fort Walton Beach, FL 32548
    • $1,100,000
    • STATUS: Active
    • ON SITE: 772 days
    • MLS #: 748295
    UPDATED: 83 min ago
    $1,100,000
    • 0
      BEDS
    • 5.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Paradise Village is an Office/ Retail waterfront development that was built in 1989 located in Fort Walton Beach Fl. Offered for sale are office condos 14 through 18 which are located at the south west corner of the development, overlooking the Fort Walton Beach Sound and Okaloosa Island. The offices are currently 74.6% occupied with a net income of $81,168 and a potential net income of $119,568. This property is currently leased to a mix of Tenants including Government Defense Contractors, a Dentist and an Accountant. The vacancies are an 1127sf suite on the first floor and a 2000 sf suite on the 3rd floor (accessible by a elevator), both vacancies are relatively new to the market and have been shown on a semi-regular basis.

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    © 2018 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2018-04-23T14:02:19.887.
    www.scenicsir.com/homes/60664327

    348 SW Miracle Strip Parkway , D Fort Walton Beach, FL 32548

    • Price: $1,100,000
    • Status: Active
    • Updated: 83 min ago
    • MLS #: 748295
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.22
    Acres
    Neighborhood:
    Fort Walton Beach
    County:
    Okaloosa
    Area:
    Fort Walton Beach
    Property Description
    Paradise Village is an Office/ Retail waterfront development that was built in 1989 located in Fort Walton Beach Fl. Offered for sale are office condos 14 through 18 which are located at the south west corner of the development, overlooking the Fort Walton Beach Sound and Okaloosa Island. The offices are currently 74.6% occupied with a net income of $81,168 and a potential net income of $119,568. This property is currently leased to a mix of Tenants including Government Defense Contractors, a Dentist and an Accountant. The vacancies are an 1127sf suite on the first floor and a 2000 sf suite on the 3rd floor (accessible by a elevator), both vacancies are relatively new to the market and have been shown on a semi-regular basis.
    Exterior Features

    Waterfront Intercoastal Wtrwy Waterfront Feet 100+

    Interior Features

    Income Producing Property Type Office Office Building Sq Ft 11093 Office Num Units 6

    Property Features

    As Is Yes Immediate Occupancy Yes Listing Board Emerald Coast Office Actual Gross Income 114600.00 Office Cash Flow 81168.00 Office Class Class B Office Expenses 33432.00 Office Net Operating Income 81168.00 Office Property Type Low Rise Office Vacancy Rate 25.40 Office Year Built 1989 Property Name Paradise Village

    Listing courtesy of Taylor Allen Properties Llc.


    © 2018 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2018-04-23T14:02:19.887.
     
    Scenic Sotheby's International Realty
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