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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Individual retail properties

3123 Gulf Breeze Pkwy Gulf Breeze, FL 32563-3247

34,505 SF 1.8 ac lot Built 2008
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-4603840
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 2008
Construction STEEL FRAME
Total area 34,505 SF
Lot 1.8 ac (78,277 SF)
Zoning code HCD
APN 30-2S-28-0000-00800-0000
UPID US18-4603840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gulf Breeze Gymnastics Gym & Fitness Center
  • Zero Gravity Athletics Gulf Breeze Gym & Fitness Center
  • Gulf Coast Elite Gymnastics Gym & Fitness Center
  • The Funplex of Gulf Breeze Gym & Fitness Center Sports Field & Court
  • Gulf Breeze Fit For Women LLC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.11M
Owner & transaction history
Funplex Entertainment LLC · 3 yrs held
Funplex Entertainment LLC
since 2022
Last sale
$1.1M
5 recorded transactions
2022
$1.1M
2005
$675,000
2003
$375,000
1997
$227,900
1969
Price N/A
Zoning & alternative use
HCD · Gulf Breeze, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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