6479 Caroline Street

    Milton, FL 32570
    • $1,399,000
    • STATUS: Active
    • ON SITE: 218 days
    • MLS #: 822354
    UPDATED: 24 min ago
    $1,399,000
    • 0
      BEDS
    • 6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Investors Dream! FULLY LEASED! 7.5% Cap Rate. Perfect for owner who desires income stream from Class A tenants.Two years left on NNN lease to Covenant Hospice (5,856 SF).Three years left on NNN lease to Spectrum House, Inc. (4,584 SF).Located on primary travel corridor in Milton, FL. Milton is the county seat of Santa Rosa County and is located in the Pensacola Metropolitan Area. Santa Rosa County is one of the fastest growing counties in Florida. Milton is located in the geographic center of Santa Rosa County; it is bordered by Pace to the West and the Blackwater River to the East.MILTON, FL QUALIFIED OPPORTUNITY ZONE ("QZONE") In late 2017, President Trump signed into law the tax cuts and jobs act of 2017. The Act allows for investors to re-invest assets otherwise subject to taxable gain. If an investment is held for 10-years, the appreciation on the investment is not subject to federal income tax. (Consult your tax advisor for additional information).

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    © 2019 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Beach Group. Data last updated: 2019-12-13T23:02:45.74.
    www.30arealestateguide.com/homes/94539369

    6479 Caroline Street Milton, FL 32570

    • Price: $1,399,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 822354
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6
    Acres
    Neighborhood:
    North Santa Rosa County
    County:
    Santa Rosa
    Area:
    North Santa Rosa County
    Property Description
    Investors Dream! FULLY LEASED! 7.5% Cap Rate. Perfect for owner who desires income stream from Class A tenants.Two years left on NNN lease to Covenant Hospice (5,856 SF).Three years left on NNN lease to Spectrum House, Inc. (4,584 SF).Located on primary travel corridor in Milton, FL. Milton is the county seat of Santa Rosa County and is located in the Pensacola Metropolitan Area. Santa Rosa County is one of the fastest growing counties in Florida. Milton is located in the geographic center of Santa Rosa County; it is bordered by Pace to the West and the Blackwater River to the East.MILTON, FL QUALIFIED OPPORTUNITY ZONE ("QZONE") In late 2017, President Trump signed into law the tax cuts and jobs act of 2017. The Act allows for investors to re-invest assets otherwise subject to taxable gain. If an investment is held for 10-years, the appreciation on the investment is not subject to federal income tax. (Consult your tax advisor for additional information).
    Exterior Features

    Lot Depth 1235.46 Lot Dimensions 116.68' X 1235.46' X 1038' X 261' Lot Frontage 116.68

    Interior Features

    Income Producing Property Type Office

    Property Features

    As Is Yes Listing Board Emerald Coast Property Name Investors Alert! Zoning Hcd

    Listing courtesy of Nai Pensacola.


    © 2019 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Beach Group. Data last updated: 2019-12-13T23:02:45.74.
     
    The Beach Group
    2563 S. Scenic Hwy 395
    Santa Rosa Beach FL, 32459