8517-8523 Laredo St, Navarre, FL 32566
Commercial property for lease
- Description
- Excellent, 100% leased multi-family investment property located in the heart of Navarre, Florida. The multi-family property consists of 3 buildings comprised of 4 lease-able units which are all currently leased for the next year. The property is an excellent source of passive income for an investor with multiple streams of income and limited Landlord responsibilities. The vacancy rate continues to compress within the Pensacola MSA, allowing landlords to aggressively push rents throughout the market. The trend is expected to continue as the demand for multifamily remains strong and with very limited new developments planned. The Pensacola and Navarre markets are best known for having miles of the nations most beautiful, white sand beaches and large government/military presence. Top-rated schools, quality health care, and a stable economy make Navarre a great location to not only visit, but also call home. Building price details: $691,500.
- Contact info
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Harry BellBerkshire Hathaway PenFed Realty Commercial
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 0.480 Acres Number of Stories: 2 Year Built: 2010 Submarket: Duplex/Fourplex MSA: Pensacola-Ferry Pass-Brent Zoning: R2M Buildings: 3 Construction: HardiePlank Siding Terms: Cash to Seller Added: 06/14/2019