Property Details

Property Details

Positioned for success along one of Gulf Breeze's highest value trade corridors, this 2.94-acre property offers a rare investment opportunity with 306 feet of prime frontage on Highway 98--boasting a traffic count exceeding 40,000 CPD. Located in a rapidly growing and highly competitive market, this asset delivers exceptional visibility and access in a thriving commercial district. The 12,048 SF mixed-use building is owner-occupied, offering a clear value-add opportunity for investors to bring lease rates up to market, where NNN rents currently range from $17 to $29 PSF. With demand for quality space outpacing supply, this property is ideally positioned to deliver long-term growth and solid returns. With the addition of a 0.97-acre adjoining parcel, the total site now spans 2.94 acres of HCD-zoned land offering 306 feet of prime frontage along Gulf Breeze Parkway (Hwy 98) and a depth of 443 feet. This exceptional property is strategically positioned in one of the fastest-growing areas of Santa Rosa County, surrounded by robust residential growth, national retailers, and major infrastructure investments.

Property Highlights:

Adjoining parcel included, bringing the total to 2.94 ACideal for future build-out or pad site addition.

Owner-User or Investor Flexibility

Suits both investment strategies or a hybrid modeluse one portion, lease the rest.

Income Growth Potential: Ideal for repositioning, the property is currently owner-occupied with short-term leases, allowing the buyer to re-tenant and capitalize on Gulf Breeze's rising rental rates ($17-$29/SF NNN)."

Less than 1.5 miles from the future $110M Soundside High School, set to open in 2025 -2026 and expected to serve over 1,800 students.

Close to a $6MM 15-acre future soccer complex funded by Santa Rosa County featuring: NCAA regulation and urban soccer fields, Futsal courts, Concessions, restrooms, parking, playgrounds, and multi-use trails; Phase 1 of construction is currently underway with a projected $6M-$9M investment.

Surrounded by major national retailers including Walmart, Publix, Lowe's, Walgreens, Zaxby's, Starbucks, and moreall within one mile.

Strong market demographics:

5-mile radius population: 31,269

Over 854 businesses employing nearly 6,000 people

$1B+ in total annual sales volume (2024)

Perfect for investors looking to diversify their portfolio or business owners seeking a strategic location with growth potential, this property is currently occupied by tenants. Please refrain from disturbing them and contact the agent for showing arrangements