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Property profile

75 Nightingale Ln Gulf Breeze, FL 32561

OFF-MARKET
Apartment buildings
Property ID
US18-4741847
67,826 SF 4.09 ac lot Built 1966
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Property summary

AI-generated overview

This exceptional 74-unit apartment community in Gulf Breeze, Florida, presents a compelling investment opportunity. Built in 1966 and extensively renovated between 1990 and 2023, the property boasts 67,826 square feet of living space across six, two-story buildings situated on 4.09 acres. The unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom apartments, catering to a diverse renter base. Amenities include direct entry units, ample parking, an on-site laundry facility, a central courtyard with green space, a swimming pool, and grilling stations. The property benefits from a highly desirable location on the Fairpoint Peninsula, seconds from Gulf Breeze Parkway (US Highway 98), and within close proximity to shopping centers anchored by Walmart, Publix, Chick-fil-A, Starbucks, Panera Bread, and Wendy's. Its proximity to Gulf Breeze's highly-ranked elementary, middle, and high schools, Gulf Breeze Hospital, Pensacola Beach, and Downtown Pensacola further enhances its appeal. The property is also conveniently located near Naval Air Station Pensacola, contributing to a strong local economy and a large pool of potential renters. Each unit features separately metered utilities (tenant pays electricity

Property profile

Verified
Property type Apartment buildings
Year built 1966
Total area 67,826 SF
Lot 4.09 ac (178,160 SF)
UPID US18-4741847

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Interior Design Home Decor Store
  • Painting

Location

75 Nightingale Ln Gulf Breeze, FL 32561
Gulf Breeze metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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