Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Gulf Breeze Retail Investment Opportunity Title is generated by Realmo AI

    3113 Gulf Breeze Parkway, Gulf Breeze, FL 32563

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,145,000

    4,500 SF retail property in high-traffic Gulf Breeze location.

    Type:Retail
    Property size:
    4,500 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $254/SF
    Added:
    Jan 27, 2026
    Days on Market:
    116
    Last Refresh:
    Feb 11 at 8:46 pm

    Property Features for 3113 Gulf Breeze Parkway

    General Information

    Standard status
    Active
    Size
    4,500 SF
    Lot size
    0.65 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2011

    We can help!

    Listing Contact
    Harry Bell Jr.
    Harry Bell Jr.

    Listing agent Harry Bell Jr. License #FL #BK3026917

    Listing office Bellcore Commercial LLC

    Listing date Jan 27, 2026

    Source Bellcorecommercial

    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 Bellcore Commercial LLC

    HighLights

    • Located on Gulf Breeze Pkwy (Hwy 98) with high traffic volume (40,000 AADT).
    • Zoned HCD (Highway Commercial Development) offering versatile usage options.
    • Currently leased to Pep Boys, providing immediate income potential.
    • Located near major retailers (Wal‑Mart, Lowe's, etc.) and amenities.
    • Situated in Gulf Breeze, a desirable area with strong tourism and proximity to military bases.
    • +/- 4,500 SF building on a +/- 0.653‑acre lot.

    Overview

    This investment property, currently a Pep Boys, offers approximately 4,500 square feet of space on a 0.653-acre lot. It is zoned HCD (Highway Commercial Development) and situated along Gulf Breeze Parkway (Hwy 98), which sees an average annual daily traffic count of 40,000. The location is near Tiger Point Golf Club, Pensacola Beach, Wal-Mart Supercenter, Lowe's, Dollar Tree, Walgreens, Sally Beauty, Anytime Fitness, Starbucks, Mattress Firm, and Wells Fargo. Gulf Breeze, located in Santa Rosa County, benefits from a strong tourism industry and proximity to three large military bases: NAS Pensacola, Whiting Field in Milton, and Eglin Air Force Base in Ft. Walton Beach. The area is known for its family-friendly environment, highly rated schools, low crime rates, and attractive coastlines, contributing to its appeal as both a vacation destination and a place to reside. The population density in the area is expected to continue to grow, positioning the area for strong economic growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pep Boys (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Breeze
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.0942
    Latitude
    30.3852

    Nearby Similar for Sale

    • $9,150,000

      Gulf Breeze Office Building

      Office building in thriving coastal community near Pensacola Beach.
      1101 Gulf Breeze Parkway, Gulf Breeze, FL 32561
      View Details
    • $995,000
      3,876 SF

      3,876 SF Office Building For Sale

      3,876 SF office building on Highway 98 in Gulf Breeze.
      3416 Gulf Breeze Pkwy, Gulf Breeze, FL 32563
      View Details
    • Contact for pricing

      New Dual Drive-Thru Coffee Property

      New 7 Brew Coffee property with dual drive-thru.
      401 Gulf Breeze Pkwy, Gulf Breeze, FL 32561
      View Details
    • $1,800,000
      7,950 SF

      Gulf Breeze Office/Medical Investment

      Recently renovated 7,950 SF office/medical building in Gulf Breeze, FL.
      41 Fairpoint Dr, Gulf Breeze, FL
      View Details
    • $2,400,000
      12,048 SF

      12,048 SF Retail For Sale Gulf Breeze - Midway Strip Center

      Retail property in Gulf Breeze, Florida, with value-add potential.
      5241 Gulf Breeze Pkwy, Gulf Breeze, FL 32563
      View Details
    • $1,250,000
      3,964 SF

      3,964 SF Baybridge Dr Medical Office for Sale & Lease

      3,964 SF medical office near Gulf Breeze Hospital.
      85 Bay Bridge Dr, Gulf Breeze, FL 32561
      View Details
    • $1,495,000
      5,097 SF

      Freestanding Medical Office Building

      High-visibility medical office with ample parking in Gulf Breeze, FL.
      1395 El Rito St, Gulf Breeze, FL
      View Details
    • $259,000
      1,188 SF

      1,188 SF Parkway Plaza Unit #8 For Sale

      1,188 SF office condo in prime Gulf Breeze location.
      3043-3059 Gulf Breeze Pkwy, Gulf Breeze, FL 32563
      View Details
    • $250,000

      Gulf Breeze Boat Slip Opportunity

      68-foot boat slip in a coveted Gulf Breeze location.
      869 Silver Strand, Gulf Breeze, FL 32563
      View Details

    FAQs

    What type of property is this?
    Automotive property - 4,500 SF retail property in high-traffic Gulf Breeze location.
    Where is this automotive property located?
    The property is located at 3113 Gulf Breeze Parkway Gulf Breeze, FL.
    What is the asking price?
    The asking price for this property is $1,145,000.
    What are key features of this property?
    This property features: Located on Gulf Breeze Pkwy (Hwy 98) with **high traffic volume (40,000 AADT)**.; Zoned HCD (Highway Commercial Development) offering versatile usage options.; Currently leased to Pep Boys, providing immediate income potential.
    (850) 240-0527
    We can help!
    Listing Contact
    Harry Bell Jr.
    Harry Bell Jr.
    Real Estate License ID: FL #BK3026917
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3113 Gulf Breeze Parkway, Gulf Breeze, FL 32563
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!