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    17139 Highway 231 Fountain, FL 32438

    For Sale
    $550,000

    Versatile 2-acre commercial property with shop & home

    Property size:
    5,774 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, situated on approximately 1.92 acres of C-3 zoned land in Fountain, Florida, presents a unique investment opportunity. The main structure is a substantial 4,558 square foot shop/warehouse building, boasting 258 feet of prime highway frontage on Highway 231 and a depth of 309 feet. This versatile space features a double-bay garage and ample internal storage, ideal for a variety of commercial uses. Additionally, the property includes a 1,216 square foot, three-bedroom, three-bathroom single-wide mobile home located behind the main building. The mobile home offers convenient on-site living or additional rental income potential. The total building square footage is 5,774 square feet. Infrastructure includes a water well with a treatment system and two septic tanks. Both the warehouse and mobile home feature metal roofing. The mobile home has a less-than-a-year-old HVAC system, while the warehouse utilizes a propane tank for heating. Please note that only the mobile home is air-conditioned. The property's address is 17139 Highway 231, Fountain, FL, although the mobile home has a separate address of 17135 Highway 231. All information should be independently verified by the buyer. This property offers endless business possibilities in a high-traffic location.

    Property Features for 17139 Highway 231

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,774 SF
    Lot Size
    83,635 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Electronics Store Car Rental Cosmetics Store Arcade & Gaming Center Pet Grooming Service Toy Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountain
    County
    Bay
    State
    Florida
    Longitude
    -85.42427
    Latitude
    30.45934

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 2-acre commercial property with shop & home
    Where is this commercial real estate located?
    The property is located at 17139 Highway 231 Fountain, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    (850) 872-8200
    Request Owner's contact information
    17139 Highway 231 Fountain, FL 32438
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    Fountain, FL 32438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17139 Highway 231 Fountain, FL 32438
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