$2,200,000
SOLD DEC 20, 2024

1070 Bayshore Rd Gulf Breeze, FL 32563

2 Beds
1 Bath
957 Sq Ft
1984 Built

Recently Sold

$2,299 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Interior Lot
  • Gulf Breeze Elementary School Rated A
  • High Impact Windows
  • Double Pane Windows

About This Home

As of December 2024

Welcome to Bayshore Apartments, a prime investment opportunity in a highly desirable location. This well-maintained 14-unit community offers an exceptional combination of modern amenities and strong rental demand, making it an ideal addition to any multifamily investment portfolio. Each of the 14 units (957 Sq Ft each) features a spacious 2-bedroom, 1-bathroom floor plan, designed with comfort and style in mind. With annual gross potential rent of $243,600, the apartments have been thoughtfully updated with contemporary kitchens and bathrooms, ensuring that residents enjoy a fresh, modern living experience. Additionally, each unit boasts a private balcony or patio, providing residents with their own outdoor retreat to relax and enjoy the surroundings. The property also offers abundant parking, a valuable feature that enhances tenant satisfaction and convenience. Located in a thriving community with easy access to local amenities, employment centers, and top-rated schools, Bayshore Apartments offers both immediate income and long-term investment potential. The combination of updated features, newer roofs, newer impact resistant windows, high occupancy, abundant parking, and strong rental income makes this property a valuable asset for any multifamily investor looking to capitalize on a stable and growing market. Don’t miss this opportunity to secure a profitable investment in a sought-after location.

Last Agent to Sell the Property

Preston McGee

Levin Rinke Realty Brokerage Email: Kyle@thesunchaseteam.com Listed on: 10/28/2024

Levin Rinke Realty

Co-Listed By

Mark Lee Team

Levin Rinke Realty Brokerage Email: Kyle@thesunchaseteam.com

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1984

Lot Details

  • Back Yard Fenced
  • Interior Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 957 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Community Details

  • 14 Units
  • Bayshore Subdivision

Listing and Financial Details

  • Tenant pays for electricity, water/sewer
  • Assessor Parcel Number 362S290000009000000

Property Details

Home Type

Apartment

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Stories: 2
  • Parcel Number: 362S290000009000000
  • Property Type: Residential Income
  • Year Built: 1984
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: LRRR02
  • Co List Office Phone: 850-916-5050
  • Subdivision Name: Bayshore
  • Directions: Take US-98 East from the Pensacola Bay Bridge for 7.4 Miles. Turn left onto Bayshore Road. Turn right into Bayshore Apartments. *Guest parking located on the left*
  • Building Name: Bayshore
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulated Walls
  • Attribution Contact: Kyle@thesunchaseteam.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Walk-In Closet(s)
  • Living Area: 957
  • Window Features: Double Pane Windows, Impact Resistant Windows
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Septic Tank
  • Laundry Features: W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water/Sewer

Multi Family

  • Number Of Units Total: 14

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $2,200,000 -4.3% $2,299 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $2,300,000 -- $2,403 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Preston McGee

    Seller's Agent in 2024

    Preston McGee

    Levin Rinke Realty

    (850) 710-0862

    93 in this area

    184 Total Sales

    Preston McGee
    Section Image
  • Mark Lee Team

    Seller Co-Listing Agent in 2024

    Mark Lee Team

    Levin Rinke Realty

    (850) 220-0046

    206 in this area

    539 Total Sales

    Mark Lee Team
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Area Selling Agent

    PAR Outside Area Listing Office

See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 654479

Pensacola Association of REALTORS®

APN: 36-2S-29-0000-00900-0000

Florida Santa Rosa County Gulf Breeze 32563

1070 Bayshore Rd, Gulf Breeze, FL

This home is located at 1070 Bayshore Rd, Gulf Breeze, FL 32563 and is currently priced at $2,200,000, approximately $2,298 per square foot. This property was built in 1984. 1070 Bayshore Rd is a home located in Santa Rosa County with nearby schools including Gulf Breeze Elementary School, Gulf Breeze Middle School, and Gulf Breeze High School.

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