Office Suite with Conference
2053 Fountain Professional Ct SteA, Navarre, FL 32566
For Sale
Contact for pricing
The suite combines private offices, meeting rooms, a kitchenette, and shared building amenities.
Property Size3,000 SF
Price / SF$250
Days on Market221
Property Features for 2053 Fountain Professional Ct SteA
General Information
Standard status
Size
Property subtype
Additional Details
Office Units
Property Use
Amenities
lobby
restrooms
kitchenette
conference rooms
Building Details
Construction
Listing Agency:
Realty Associates of Santa Rosa, Inc.
Listed By:
Betty Fountain · License FL BK263651
(850) 939-8770
Source:
Moodyscre
Added: Apr 8
Changed: Nov 7
Last Checked: Nov 12 at 10:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Associates of Santa Rosa, Inc.
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Investment Insights
Based on property information with market context.
Located in Navarre, this 3,000-square-foot office suite has eight single-window offices, including a reception area, plus two conference rooms. A 400-square-foot open area sits beside the kitchenette at the rear of the suite.
The all-brick building has a lobby and separate men’s and women’s restrooms in its common area. Parking is available on site.
The all-brick building has a lobby and separate men’s and women’s restrooms in its common area. Parking is available on site.
Key Highlights
- 3,000‑square‑foot office suite with eight single‑window offices, including reception
- Two conference rooms
- 400 square feet of open area next to the kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,424
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,480
$708.5K
Cap Rate 7%
$506,057
$506.1K
Cap Rate 9%
$393,600
$393.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$57.6K $19.20/SF
− Vacancy
−$10.4K −$3.46/SF
EGI
$47.2K $15.74/SF
− OpEx
−$11.8K −$3.94/SF
NOI
$35.4K $11.81/SF
Area
Santa Rosa County, FL
Vacancy
18.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,480
Cap Rate 7%
$506,057
Cap Rate 9%
$393,600
Alternative Uses
Best Use
Office B
$506.1K
$442.8K – $590.4K
NOI $35,424 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K
NOI $51,710 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
8
Office units
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
Demographics for 32566, FL
44,434
Population
17,893
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,134
Density / Sq Mi
$99,501
Median Household Income
$46,035
Median Earnings
$1,782
Median Rent
$361,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite combines private offices, meeting rooms, a kitchenette, and shared building amenities.
Where is this office unit located?
The property is located at 2053 Fountain Professional Ct SteA Navarre, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,000‑square‑foot office suite with eight single‑window offices, including reception; Two conference rooms; 400 square feet of open area next to the kitchenette
