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    4400 Unit Niceville, FL 32578

    For Sale
    $375,000

    Two Units, High Growth Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located in the desirable Merchants Walk within Bluewater Bay in Niceville, Florida, presents a unique investment opportunity. Priced at $375,000, this offering encompasses two commercial units sold together, providing a versatile space ideal for a range of business ventures. The combined units boast a functional layout and professional finishes, featuring three private offices, a spacious conference room, a welcoming reception area, and dedicated workroom space. A convenient kitchenette is included, complete with a farmhouse sink, ample cabinetry, and space for small appliances. One bathroom is conveniently located within the combined space. The property also benefits from both front and rear exits, ensuring easy access and convenient flow for both employees and clients. Situated on a 0.02-acre lot, this property offers significant potential for growth and expansion within a thriving commercial area. The flexible design and high-quality finishes make this an attractive option for businesses seeking to establish a strong presence in a prime location. This is an excellent opportunity to acquire a well-maintained and versatile commercial property in a highly sought-after area of Niceville. Don't miss out on this chance to own a piece of thriving Bluewater Bay.

    Property Features for 4400 Unit

    General Information

    Property type
    Other commercial real estate
    Lot Size
    871 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Niceville
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.42158
    Latitude
    30.4891

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    FAQs

    What type of property is this?
    Commercial real estate - Two Units, High Growth Area
    Where is this commercial real estate located?
    The property is located at 4400 Unit Niceville, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    (850) 389-8533
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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
    4400 Unit Niceville, FL 32578
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