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    5480 Gulf Breeze Pkwy Gulf Breeze, FL 32563

    Sponsored
    For Sale
    $3,250,000

    10.4 Acres, Hwy 98 Frontage, Reduced Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.4-acre development site in Gulf Breeze, Florida, presents a compelling investment opportunity. Located at 5480 Gulf Breeze Parkway, this property boasts 920+ feet of frontage on Highway 98, a major thoroughfare experiencing 33,000 vehicles daily. The site is zoned Highway Commercial, offering significant development potential. The asking price is $3,250,000, translating to a land value of $7.17 per square foot. The land has already undergone partial clearing and filling, and features several curb cuts, ensuring convenient access from both eastbound and westbound traffic. Adding to its appeal, two existing office/warehouse buildings are currently occupied by tenants on year-to-year leases. The seller is open to dividing the property, providing flexibility for various development scenarios. This prime location between Gulf Breeze and Navarre, Florida, in Santa Rosa County (zip code 32563), offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The property's strategic location and high traffic counts make it an attractive investment with significant upside potential.

    Property Features for 5480 Gulf Breeze Pkwy

    General Information

    Property type
    Land
    Lot Size
    453,024 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    FLORIDA METAL WORKS Metal Fabricator

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -86.9942923
    Latitude
    30.4010323

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    FAQs

    What type of property is this?
    Land - 10.4 Acres, Hwy 98 Frontage, Reduced Price
    Where is this land located?
    The property is located at 5480 Gulf Breeze Pkwy Gulf Breeze, FL.
    What is the asking price?
    The asking price for this property is $3,250,000.
    (850) 865-9123
    Request Owner's contact information
    5480 Gulf Breeze Pkwy Gulf Breeze, FL 32563
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    Gulf Breeze, FL 32563
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    Realmo Value Estimation

    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.

    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.

    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
    5480 Gulf Breeze Pkwy Gulf Breeze, FL 32563
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