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203 John Sims Pky
Niceville, FL 32578

Spanish Trace Apartments · Residential Property For Sale · 14 Units

Investment Highlights

  • Favorable Unit Mix with twelve units, 2 bed/1 bath
  • Below Market Rents offer opportunity to grow income
  • Two Commercial Units that are each over 3,000 SF
  • 29 minutes from Elgin Air Force Base and 9 minutes from the Destin-Fort Walton Beach Airport

PROPERTY FACTS

No. Units 14
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.95 AC
Building Size 20,262 SF
Number of Floors 2
Year Built 1973
Parking Ratio 3.35/1,000 SF

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 14 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-1S-23-1730-0000-0520
  • 01-1S-23-1730-0000-0510
Land Assessment
£372,679
Improvements Assessment
£863,816
Total Assessment
£1,236,495

zoning

Zoning Code C-2 (General Commercial)
C-2 (General Commercial)
  • Listing ID: 32084379

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 203 John Sims Pky, Niceville, FL 32578

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