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Income-Producing Office Asset | Strong Cash Flow | Dual-Tenant Opportunity

This newer 5,500 SF multi-tenant office building presents a compelling investment opportunity with stable in-place income and upside potential.

The property is divided into two suites:

Suite A (3,000 SF): Leased at $6,250/month
Suite B (2,500 SF): Leased at $4,375/month

Total Gross Monthly Income: $10,625
Total Gross Annual Income: $127,500

Additional income potential is provided by four 10x10 storage units, offering an opportunity to further increase NOI.

The interior buildout supports a wide range of tenants and includes:

6 private offices (8x12)
9 private offices (6x8)
Glass conference room
Efficient layout suited for medical, professional services, or executive office use

Currently occupied by a health s Currently occupied by a health services tenant, the configuration allows for continued medical use or easy conversion to general office, maximizing tenant demand and retention.

Investment Highlights:

Immediate cash flow with existing leases in place
Multi-tenant diversification reduces vacancy risk
Flexible office layout supports a broad tenant base
Additional income stream from storage units
Newer construction minimizes near-term capital expenditures

Pro Forma Opportunity:
With modest rent increases and full utilization of storage units, investors have the ability to increase NOI and drive cap rate expansion over time.

Ideal for investors seeking a stabilized asset with upside in a growing professional services market.

Crestview

124 John King Road

None Beds

None Baths

N/A

$1,700,000

MLS#: 998749

Owner Financing available with 30% Down; 4% interest Rate, amortized over 30 years with a 3 or 5 year balloon. Newly renovated 2nd floor Condo in the gated community of Bay Point Harbour Villas. Spacious 900 square foot home with one bedroom/one bath plus and enclosed porch area you can use as an office or extra living space that overlooks the Golf Course. Luxury Vinyl Plank flooring throughout with tile in the kitchen and bathroom. The kitchen has granite countertops and a breakfast bar, there is a stackable washer and dryer in the home. A new HVAC unit was installed in 2021.

Panama City Beach

4726 Bay Point Road # E245

1 Beds

1 Baths

900 Sq.Ft.

$224,000

MLS#: 963315

This well-maintained 4-bedroom, 2-bath home features a spacious open-concept layout designed for comfortable living and entertaining.
The kitchen offers a large island with bar seating, ample cabinet space, and modern finishes, flowing seamlessly into the living and dining areas. The split-bedroom floor plan provides added privacy, with a generously sized primary suite featuring a walk-in closet and en-suite bath.
Additional highlights include a 2-car garage, durable flooring in main living areas, and a covered entry. Conveniently located near shopping, dining, schools, and just a short drive to local bases and major roadways.

Crestview

159 Blooming Cove

4 Beds

3 Baths

2,061 Sq.Ft.

$2,300

MLS#: 998784

NEW PRICE !!! GREAT LOCATION AND FULLY RENOVATED HIGHLY DESIRABLE FIRST FLOOR 3 BEDROOM 3 BATH TURNBERRY CONDO WITH GARAGE at Sandestin Golf & Beach Resort. A CONDO THAT LIVES LIKE A HOUSE. NO STAIRS!!!
Located on the Baytowne Golf Course and in Walking Distance to the Tennis Center, Marina, Baytowne Golf Club and The Village of Baytowne Wharf. WOW! This Open Floor Plan Condo has been RENOVATED with New Hardwood like Floors. Beamed Ceilings, New Interior Paint, Taj Mahal Quartz Countertops, New Kitchen Cabinets & Bar Area, Stainless Steel Appliances, New Lighting, New Master Bath and New Furniture. Great Screened in Patio Porch off the Kitchen Perfect for watching the Golfers. End Unit so lots of Light. Move In Ready! .

Miramar Beach

8526 Turnberry Court 8526

3 Beds

3 Baths

2,050 Sq.Ft.

$989,000

MLS#: 997449

Rare opportunity to own 94+/- pristine acres of natural beauty and complete privacy. This expansive acreage offers the perfect canvas for a luxury private estate, a family legacy compound, or a premier recreational retreat. The centerpiece of the property is a stunning, large spring-fed pond that serves as a focal point for the landscape. A newly created access point across the water provides seamless entry to the back 80 acres, opening up the full potential of the land for building sites or trail systems. Bridge Creek also provides a natural water source flowing through the north of the larger back parcel. Located just 5 minutes from downtown DeFuniak Springs and only 10 minutes from I-10, this property offers the ultimate 'best of both worlds': total seclusion with rapid access to local amenities and major travel routes. The land is characterized by a stunning, diverse canopy of majestic oaks and mature hardwoods. Unlike many large tracts in the area, this property consists of natural growth, not planted pines, providing a timeless, established feel and a high-quality ecosystem for local wildlife. Whether you are looking to build your dream home surrounded by nature or seeking a significant land investment, this property offers a unique combination of scale, water features, and untouched beauty.

DeFuniak Springs

0 N County Highway 183

None Beds

None Baths

94.0 acres

$700,000

MLS#: 998761

#998806

Freeport

133 E Sky Way

4 Beds

3 Baths

2,987 Sq.Ft.

$535,000

MLS#: 998806

Skip the Red Tape, Start Building Now! Imagine waking up to breathtaking panoramic views of the shimmering Choctawhatchee Bay. This is your opportunity to start building on two lots in Freeport Florida. And this is where the magic truly lies: a transferable Florida Department of Environmental Protection (FDEP) permit is already in hand! Say goodbye to the frustrating and time-consuming process of obtaining permits, which can easily take 18 months and incur significant costs. You're ready to bring your dream home to life immediately, saving you valuable time and money. 120 feet of pristine bay frontage to enjoy unparalleled water views and direct access to the Choctawhatchee Bay and a few nautical miles to the Intracoastal Waterway. Nestled away from the hustle and bustle, LaGrange Bayou

Freeport

Lot 6 & 7 Alden Lane

None Beds

None Baths

0.82 acres

$489,900

MLS#: 998737

Panama City

9902 S Thomas Drive UNIT 1832

2 Beds

2 Baths

1,262 Sq.Ft.

$279,000

MLS#: 998782

Gorgeous home on preserve oversized lot within prestigious community of Reflection at Hammock Bay. Built by award winning local builder this home features 5 bedrooms, 3 1/2 baths, game room, 3 car garage and a pool. Details at every corner include custom built ins for the study. Wood floors throughout. Furniture grade cabinets in the kitchen and all bathrooms. Kitchen ammenities like Wolf gas range, connection microwave, Cambria quartz counter tops, full size refrigerator and full size freezer built in. Farmhouse sink. Custom built mud bench in mud room. Free standing tub and walk in shower with frameless glass in master bedroom. 10' ceilings and solid core doors downstairs. Full summer kitchen on rear covered porch and lush landscaping. Its a must see.

Freeport

lot 14 Shimmer Circle

5 Beds

3 Baths

3,457 Sq.Ft.

$1,552,031

MLS#: 998766

Located in South Fort Walton, this 3-bedroom, 2-bath home offers a prime location with convenient access to local military bases, beautiful Gulf Coast beaches, and a variety of shopping and dining options.

While the home could benefit from a fresh vision and personal updates, it presents a fantastic opportunity for the right buyer to bring out its full potential. Whether you're looking to customize your own space or invest in a property with upside, this home is full of possibilities.

Situated on a generously sized lot, the property features a large, fully fenced backyard,perfect for children, pets, or simply enjoying outdoor living in a private setting.

With its ideal location and solid foundation, this home is ready for its next chapter.

( Carpet has been removed from the home) Roof 2012 HVAC 2013 water heater 2006

Fort Walton Beach

27 SW Driftwood Avenue

3 Beds

2 Baths

1,586 Sq.Ft.

$250,000

MLS#: 998763

Super Buy Fixer Upper! CASH SALE only! Property being sold in 'AS IS' condition. This 3 bedroom 2 bath appx. 1,344 sf. in this 1988 manufactured home. Home had new metal roof installed 3 years ago. There are 8 lots included in the sale (25' x100' each) totaling appx. .50 acres. 'Affordable Find' for those looking for an investment near I-10. Click on 'Documents' for a copy of the plat.

DeFuniak Springs

201 Tangelo Street

3 Beds

2 Baths

1,344 Sq.Ft.

$80,000

MLS#: 994304

Updated beach cottage in the non-rental community of Crystal Lake within the Sandestin Golf & Beach Resort. This stunning beach home features three bedrooms, and a bonus space that can serve as an office or study. The kitchen updates include stainless steel appliances, with a standout GAS STOVE! Elegant countertops, modern fixtures, undermount lighting and island (moveable) Utility closet with washer, dryer (included) and pantry storage. Luxury vinyl flooring throughout as well as crown molding and elegant plantation shutters. Open living area features custom-built shelving with storage. The primary suite, includes an ensuite bathroom and walk-in closet and access to the spacious screened-in back porch. Highly sought-after carport with large storage building and Golf Cart included! Landscaping and Cable included in the HOA fees. HVAC system and Water Heater replaced in 2021-

Miramar Beach

2016 Pine Island Circle

3 Beds

2 Baths

1,650 Sq.Ft.

$775,000

MLS#: 998814

Priced to Sell! Gulf View Condo - Turnkey Rental Investment. Enjoy beautiful Gulf views from this east-side (poolside) 2BR/2BA condo at Surfside Resort. Unit 207 is fully furnished and rental ready with coastal décor and a spacious floor plan filled with natural light. Features include floor-to-ceiling glass, large tile flooring, stainless appliances, recessed lighting, custom draperies, and an oversized balcony accessible from bedrooms, living room, and kitchen.
Strong rental potential: Approx. $50K rental income in 2022 with owner usage and projected $50K-$60K annually. Buy now and benefit from immediate income and excellent ROI.
Surfside amenities include private beach access via skybridge, beach service, large heated pool, 2 hot tubs, kiddie pool, & grill, fitness center, tennis, basketball, shuffleboard, covered parking, on-site restaurant, salon, and event space. Perfect as a vacation home, second home, or income-producing Gulf Coast investment property.

Miramar Beach

1096 Scenic Gulf Drive UNIT 207

2 Beds

2 Baths

1,151 Sq.Ft.

$474,900

MLS#: 998812

Enjoy your own POOL OASIS with a backyard built for entertaining and everyday escape! This home blends comfort, convenience, and resort-style outdoor living. The highlight is a large Gunite saltwater pool featuring 4 streaming fountains, a sun shelf, and built-in steps-perfect for sunny afternoons and evening swims. Relax under the spacious covered Pavilion with electricity and fans, or retreat to the screened-in patio with 2 new ceiling fans for year-round enjoyment.

Inside, the open floor plan features 10-foot ceilings in the main living area and neutral LVP flooring throughout. The remodeled kitchen shines with with a widened entry for improved flow, extended cabinetry to the ceiling, updated backsplash tile, durable concrete countertops, and new stainless-steel appliances. The updated guest bath features a new tub with tile surround, complemented by a concrete countertop and sink. The spacious primary suite offers room for a sitting area and includes a trey ceiling, double vanity, walk-in shower, and jetted soaking tub. Conveniently located just off the large walk-in closet, the laundry room adds everyday functionality.

Additional bedrooms provide flexibility, including one with double French doors--ideal for a home office or flex space. The oversized garage offers exceptional storage and includes a quick 50a-circuit EV charger.

Location brings the lifestyle full circle--approximately one block to Doc's Oyster Bar & Grill, a popular local spot for food, drinks, and laid-back coastal vibes; one mile to Eglin AFB East Gate; 0.6 miles to the fishing pier; and 0.7 miles to Lincoln Park. Zoned for Lewis School (.8 mi away), which earned an A grade from the Florida Department of Education. And yes--NO HOA!

Major system updates include Roof (2020), HVAC (2024), and Pool Pump (2024), offering added peace of mind. This beautifully maintained all-brick, 4-bedroom, 2-bath home also offers a VA assumable loan at 4.75% (if eligible). A rare opportunity combining lifestyle, location, and space, this standout property is ready to welcome its next owner!

Valparaiso

314 Glen Avenue

4 Beds

2 Baths

2,178 Sq.Ft.

$595,000

MLS#: 998819

River's Cove features a beautiful community pool, community center and playground. The highly desirable spacious Lakeside floorplan provides a well-designed OPEN concept, no wasted space, 5 beds, 3 baths, nice back patio & 2 car garage. All stainless appliances in the kitchen, smooth top range, beautiful countertops in kitchen and baths, quiet dishwasher, built in microwave, spacious dining area & more. Striking wood look flooring, plush carpet in the bedrooms. The Smart Home Connect System has several convenient devices you will enjoy. Also, Fabric Hurricane door and window protection is included. Awesome amenities & stylish curb appeal. Located in a fast-growing area with easy access to the interstate.

Milton

6500 Firefly Drive

5 Beds

3 Baths

2,012 Sq.Ft.

$309,900

MLS#: 998809

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