Address
28 Garden Lane Niceville, FL
Price
$ 6,800,000
Property Attributes
  • MLS#864114
  • TypeCommercial
  • CountyOKALOOSA
  • CityNiceville
  • AreaNiceville
  • Zip32578
  • Style
  • Price$ 6,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.74 Acres
Listing Provided Courtesy Of:
ERA American Real Estate
Data Source:
Emerald Coast Assoc of Realtors
Property Description

62 apartments and a separate building for the laundromat. Has a great cash flow currently for the rental apartments. 32 apartments are rented to the athletes at Northwest Florida State College. Unit Breakdowns include the following: 44 2BR/1BA, 4 2BR/2BA, 8 1BR/1BA, 6 3BR/2BA. Half of them have laundry rooms, plenty of parking and maintenance is up-to-date. A leaseback of 32 units is required for this sale. Ask for a copy of leaseback terms.

Price History
2/6/2021 Listed $6,800,000

General Features

Area 13 - Niceville
As Is Yes
Sub Area 1305 - Niceville North

Exterior Features

Acreage 4.74
Lot Dimensions 250x790
Multi-family: # Of Units 62

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32578

Price
AVG $1.48M
$6.8M
Visits
AVG 92
5
Year Built
AVG 1995
1987
Walkscore
AVG 27
10
Data Provided by Walkscore ® not using MLS data

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