4566 E E Hwy 20 Unit #101-104 and 201-204, Niceville, FL 32578

$3,200,000

Property Description

Opportunity for a Great investment Courtyard Plaza is located in Bluewater Bay, a much sought after area.This Premium Medical/Professional office building offers a Rare opportunity to acquire 12,000Sq.ft. of a 24,000 Sq. ft. building. 4 units first floor and 4 above with each unit having 1,500 square feet. Upstairs. Located in a Super Location off Hwy 20E with easy access. Parking spaces around the entire 24000 SF building. Courtyard Plaza is totally leased out at this time.RECENT UPGRADES: Roof-Re-coated 2019 - 20 year warranty--HVAC 2019 Half Replaced 2019 and 1/2 Replaced 2019 (7) Sprinkler System 2020 Totally Updated. Parking area 2019 Blacktop and Striped for Parking, New Pine Straw yearly Stairs and Railings last 6 months.Upon entering front of building Units on Left Cam is $535.00 monthly, Total West Side monthly is $4,280.00 West side 2 units are exempt from Taxes. which are 6%. The CAM has never increased since the Date it was built and leased. 2 Tenants presently upstairs utilizing 3750 square feet and the other tenant utilizing 2,250 square ft. MORE FINANCIALS available within 5 working days with serious intent.

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Listing courtesy of J & J Realty at Bluewater Bay Inc.