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office building shopping center company building

1120 Mack Bayou

MLS# 728321

property property property property property
  • Area: Santa Rosa Beach
  • Property Type: Commercial Sales
  • Sq. Ft.: 0
  • $798,000

Property Details

JUST REDUCED! CAP Rate; at asking price: Approx 7%. INVESTMENT OPPORTUNITY AT ITS BEST! An Oasis of fully leased $70,000 income producing property!*** Own a (three building) large waterfront parcel of land(.82 acres), including 5 rental properties, all currently under lease. All 5 rental properties ALL are newly renovated and average together approx. $70,000 a year in gross rental income. This lot has 100 feet of water frontage, dock in place on Mack Bayou, 2 sewer taps, 2 water taps, and the south side of property is adjacent to state owned land. Also conveniently located to the beach, bay, Sacred Heart Hospital, shopping, restaurants, and more!

Property Map

Contact Beach Group Commercial at 850-231-9007, for more information on this property.

Listing office: Century 21 Blue Marlin Pelican
Information deemed reliable but not guaranteed. The information being provided is 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/leasing. Listing provided courtesy of Emerald Coast Association of REALTORS®, Inc.