• 480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548 Main Photo

480 Santa Rosa Boulevard
Fort Walton Beach, FL 32548

$35,000,000

82 Total Photos [Click to View All]

Listing Details

  • $35,000,000
  • MLS# 954584
  • Type Commercial - Business
  • Status Active
  • 1.570 acres
    Lot Size

Listed By

Agency Name: Compass

Shown By

Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050

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Home Value Estimate


Description

Mar-a-Sol presents a once-in-a-market opportunity to acquire an irreplaceable Gulf-front site on Okaloosa Island, positioned just steps from the shoreline. Assets with this level of beach proximity are virtually nonexistent on the Emerald Coast and increasingly rare across Florida's entire Gulf Coast, making this offering exceptionally difficult to replicate.The property currently consists of 69 units across two buildings and is 100% occupied, with the majority operating as long-term rentals, providing immediate, stable in-place income. The asset has benefited from thoughtful interior and exterior upgrades, allowing a buyer to maintain current...read more

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