Mc Davis Blvd Santa Rosa Beach, FL 32459
- Office Properties & Spaces
- 18,000 SF
- 1.20 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 0 Mc Davis Blvd
- Year built
- 2020
- Lot size
- 1.20 lot acres
- Property size
- 18,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Class A office building, totaling 18,000 square feet, is situated on a 1.2-acre lot in Santa Rosa Beach, Florida (Walton County, zip code 32459). Built in 2020, this three-story building boasts a 100% occupancy rate with credit-rated tenants, ensuring a stable investment. The property features modern amenities including an elevator, a state-of-the-art conference room with video conferencing capabilities, high-speed internet, and a full-service kitchen. The building offers a mix of executive suites and long-term leases, providing diversified income streams. Its convenient location near Scenic Highway 30A in one of Florida's fastest-growing counties, coupled with the limited supply of Class A office space, ensures high demand and potential for rental growth. The property includes secure electronic access control with 24-hour tenant access. The asking price is $8,466,000, with a price per square foot of $470.33. The property's APN is 05-3S-18-16000-001-0024 and is zoned for General Commercial use. Approximately 9,200 square feet is dedicated to executive suites. High-end finishes minimize future capital expenditures associated with re-tenanting and lease rollovers. The opportunity exists to assume below-market debt with ten years remaining on the term.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Rosa Beach
- County
- Walton
- State
- Florida
- Longitude
- -86.0742
- Latitude
- 30.349
