3123 Gulf Breeze Pkwy Gulf Breeze, FL 32563-3247
This exceptional Class A retail building, located at 3123 Gulf Breeze Parkway in Gulf Breeze, Florida, presents a unique investment opportunity. Boasting 30,062 square feet across two and a half stories, this 2008-built structure sits on a 1.8-acre lot with 189 feet of prime frontage on a high-traffic corridor (approximately 59,000 vehicles daily). The building features a stylish stucco exterior, a durable metal roof, and a well-maintained, landscaped parking lot with 62 spaces. The interior includes 10,497 square feet of climate-controlled main floor space with 10-foot ceilings, and a spacious second floor offering 14,400 square feet with approximately 30-foot ceilings. A finished, climate-controlled basement adds another 5,165 square feet, including a large 3,902 square foot area with 23-foot eave height. The property is zoned HCD and benefits from a wet sprinkler system, security system, and fluorescent lighting. Currently vacant with an occupancy date of October 7, 2024, this property is ideal for owner-users seeking a prominent location in a thriving retail market. The building's efficient floor plan and high-quality construction make it an attractive option for a variety of retail uses. The Gulf Breeze area shows strong growth potential, with a high median home price and projected appreciation. This is a rare opportunity to acquire a substantial retail property in a highly desirable location with excellent visibility and ample parking. The asking price is $4,850,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HCD · Gulf Breeze, FLGulf Breeze. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.