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Corner Mixed-Use Commercial Property
For Sale
$790,000

913 Gulf Breeze Parkway, Gulf Breeze, FL 32561

Commercial for Sale, Gulf Breeze, FL

Property Size3,200 SF
Lot Size0.04 Acres
Price / SF$246.88
Days on Market73

Property Features for 913 Gulf Breeze Parkway

General Information

Property type Commercial Sale
Property subtype Other
Directions From Highway 98, headed to Pensacola, Harbourtown will be on the left side of 98. The complex is at the end of the parking lot - the corner unit.
Subdivision 11 - Navarre/Gulf Breeze
Standard status Active
APN 04-3S-29-1656-00000-0010
Lot size 0.04 Acres

Taxes and HOA fees

Tax Description Harbourtown Lot 1 As Des In Or 3735 Pg 686
Legal Description Harbourtown Lot 1 As Des In Or 3735 Pg 686
Listing Agency: Keller Williams Realty Gulf Coast
Listed By: Travis Talley · License #3292694
Added: Aug 18 Changed: Oct 1 Last Checked: Oct 29 at 5:06AM
MLS# 1010073

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This approximately 3,200-square-foot commercial property in Harbourtown is divided into two separate spaces of approximately 1,600 square feet each. The upper suite provides an updated workspace with tile flooring, high ceilings, exposed beams, shiplap detailing, a reception area, kitchenette, glass-enclosed conference room, additional work area, storage, restroom, and a full-size shower. A covered exterior deck provides access to the reception area.

The lower suite is arranged as a showroom with an open floor plan, track lighting, multiple storage closets, rear storage, kitchenette, bathroom, and a prominent display window. The corner position offers access to one of the complex’s largest parking areas. Harbourtown includes retail, beauty, service, and professional businesses. A brand-new roof was installed in 2026. The property is located at 913 Gulf Breeze Parkway in Gulf Breeze, Florida.

Key Highlights

  • Approximately 3,200 square feet divided into two spaces of approximately 1,600 square feet each
  • Corner position within Harbourtown with access to one of the complex’s largest parking areas
  • Updated upper workspace with conference room, kitchenette, covered deck, storage, restroom, and full‑size shower

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 (±1% cap)
NOI $37,786 @ 7.0% cap · market cap 4.78%
Second Best
Retail
$491.9K
$430.4K – $573.9K (±1% cap)
NOI $34,433 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$788.0K
$689.5K – $919.3K (±1% cap)
NOI $55,158 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

John Pinzino, ISLAND ... Real Estate Agency TNT Fundraising (Bike/Boat/Book/etc) Store Conna O'Donovan Real ... Real Estate Agency Jennifer Belcher-Mortgage Loan ... Loan Service Ashlee Sloane Warner ... Loan Service

Suggested Use

Top Pick Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two distinct commercial suites combine updated workspace, showroom functionality, storage, and customer-facing display space.
Where is this mixed-use property located?
The property is located at 913 Gulf Breeze Parkway 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 square feet divided into two spaces of approximately 1,600 square feet each; Corner position within Harbourtown with access to one of the complex’s largest parking areas; Updated upper workspace with conference room, kitchenette, covered deck, storage, restroom, and full‑size shower
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