Two-Story Office and Retail
44-7552 Navarre Pkwy Navarre, FL 32566
44-7552 Navarre Pkwy, Navarre, FL, 32566
$589,000
Pending
For Sale
$589,000
Pending
Two-level office space with separate access, private balcony, and ample parking, positioned directly on Highway 98.
Property Size3,484 SF
Days on Market194
Property Features for 44-7552 Navarre Pkwy
General Information
- Standard status
- Pending
- Size
- 3,484 SF
Listing agency
ERA American Real Estate
(850) 218-7624
Listed by
Ramona Speer · License #3212250
(850) 218-7624
Source
Exprealty
Added: Jan 9 Updated: Jul 21 at 8:15PM Checked: Jul 21 at 8:15PM
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 ERA American Real Estate
Investment Insights
Based on property information with market context.
Harvest Village is a two-level office/retail complex featuring approximately 3,484 total square feet, designed to be leased together or separately. The first floor includes a lobby/reception area with crown molding, five private offices/rooms, a kitchen area, and three bathrooms with granite finishes. The second floor offers its own private entrance, with a large reception area, a trey ceiling, three rooms with closets (including a walk-in), a full bath with tub/shower, and a full kitchen with stove, microwave, and refrigerator. A private balcony extends from the upper level.
The property is positioned directly on Highway 98 for visibility and accessibility, with ample parking on site and access to a digital sign on Highway 98 (advertising fee applies). It is surrounded by established professional businesses.
The building is currently income-producing, generating over $4,300 per month. Harvest Village Association dues are $550 per quarter and include common area maintenance, lawn care, street lighting, and trash service. Use is described as flexible, with the lower-level business/residential-style option mentioned subject to applicable use and zoning.
The property is positioned directly on Highway 98 for visibility and accessibility, with ample parking on site and access to a digital sign on Highway 98 (advertising fee applies). It is surrounded by established professional businesses.
The building is currently income-producing, generating over $4,300 per month. Harvest Village Association dues are $550 per quarter and include common area maintenance, lawn care, street lighting, and trash service. Use is described as flexible, with the lower-level business/residential-style option mentioned subject to applicable use and zoning.
Key Highlights
- Approximately 3,484 total SF across two levels in Harvest Village, directly on Highway 98 in Navarre
- Two levels can be leased together or separately, with the upper level having its own private entrance
- First floor (1,702 SF) includes lobby/reception, five private offices/rooms, kitchen area, and 3 bathrooms with granite finishes
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.7k | $26.04 |
| − Vacancy | −$9.3k | −$2.66 |
| EGI | $81.5k | $23.38 |
| − OpEx | −$32.6k | −$9.35 |
| NOI | $48.9k | $14.03 |
3,484 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$698.3K
$611.0K – $814.7K
NOI $48,882 @ 7.0% cap · market cap 8.30%
Second Best
Office B
$587.7K
$514.2K – $685.7K
NOI $41,139 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$857.9K
$750.7K – $1.00M
NOI $60,053 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two-level office space with separate access, private balcony, and ample parking, positioned directly on Highway 98.
Where is this office units located?
The property is located at 44-7552 Navarre Pkwy Navarre, FL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Approximately 3,484 total SF across two levels in Harvest Village, directly on Highway 98 in Navarre; Two levels can be leased together or separately, with the upper level having its own private entrance; First floor (1,702 SF) includes lobby/reception, five private offices/rooms, kitchen area, and 3 bathrooms with granite finishes
