Office Units with
For Sale
$790,000
913 Gulf Breeze Parkway #STE 1, Gulf Breeze, FL 32561
Two separate commercial spaces support office, showroom, storefront, or coworking uses.
Property Size3,200 SF
Price / SF$246.88
Days on Market71
Property Features for 913 Gulf Breeze Parkway #STE 1
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Commercial
Amenities
covered exterior deck
reception area
kitchenette
conference room
storage closets
display window
shower
Building Details
Stories
2
Listing Agency:
RE/MAX Coastal Properties
Listed By:
Delawalla Group
(850) 225-9899
Source:
Bestofemeraldcoast
Added: Aug 19
Changed: Oct 27
Last Checked: Oct 26 at 2:59PM
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 RE/MAX Coastal Properties
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Investment Insights
Based on property information with market context.
This approximately 3,200-square-foot commercial property at 913 Gulf Breeze Pkwy includes two separate spaces of approximately 1,600 square feet each. The upper space has been updated with tile flooring, high ceilings, exposed beams, shiplap accents, a reception area, covered deck, kitchenette, conference room, work area, storage, restroom, and full-size shower. The lower area is arranged as a showroom with an open layout, track lighting, storage closets, rear storage, kitchenette, bathroom, and a display window.
The property occupies a corner position within Harbourtown, a business complex with retail, beauty, service, and professional businesses. The location provides access to a large parking area within the complex. The spaces are suited to professional offices, showroom operations, storefront use, coworking, or multiple business concepts. A roof replacement was completed in 2026.
The property occupies a corner position within Harbourtown, a business complex with retail, beauty, service, and professional businesses. The location provides access to a large parking area within the complex. The spaces are suited to professional offices, showroom operations, storefront use, coworking, or multiple business concepts. A roof replacement was completed in 2026.
Key Highlights
- Approximately 3,200 sq. ft. divided into two spaces of approximately 1,600 sq. ft. each
- Corner position within Harbourtown business complex
- Upper workspace updated with tile flooring, high ceilings, exposed beams, and shiplap accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,786
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,720
$755.7K
Cap Rate 7%
$539,800
$539.8K
Cap Rate 9%
$419,844
$419.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$61.4K $19.20/SF
− Vacancy
−$11.1K −$3.46/SF
EGI
$50.4K $15.74/SF
− OpEx
−$12.6K −$3.94/SF
NOI
$37.8K $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%
$755,720
Cap Rate 7%
$539,800
Cap Rate 9%
$419,844
Alternative Uses
Best Use
Office B
$539.8K
$472.3K – $629.8K
NOI $37,786 @ 7.0% cap · market cap 4.78%
Second Best
Retail
$491.9K
$430.4K – $573.9K
NOI $34,433 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$788.0K
$689.5K – $919.3K
NOI $55,158 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
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Business Placement
Demographics for 32561, FL
9,241
Population
6,591
Households
1.4
Avg Household Size
51
Median Age
60%
College-Educated
96%
High-School Grad
12.0 sq mi
ZIP Area
770
Density / Sq Mi
$119,042
Median Household Income
$65,417
Median Earnings
$1,535
Median Rent
$576,100
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 - Two separate commercial spaces support office, showroom, storefront, or coworking uses.
Where is this office unit located?
The property is located at 913 Gulf Breeze Parkway #STE 1 Gulf Breeze, FL.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Approximately 3,200 sq. ft. divided into two spaces of approximately 1,600 sq. ft. each; Corner position within Harbourtown business complex; Upper workspace updated with tile flooring, high ceilings, exposed beams, and shiplap accents
