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The Breeze Apartments 75 Nightingale Ln

74 Unit Block of Flats For Sale Gulf Breeze, FL 32561

Investment Highlights

  • Desirable Location
  • Supple Constrained Market
  • Attractive Unit Mix
  • Value-Add Potential

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire The Breeze Apartments, a 74-unit apartment community in Gulf Breeze, Florida (the “Property”). Constructed in 1966 and renovated between 1990 and 2023, the Breeze Apartments is a desirable residential community in the heart of Gulf Breeze and seconds from Pensacola Bay. The Breeze Apartments is a seventy-four (74) unit apartment community spread across (4) two-story buildings. The community features a desirable unit mix containing two (2) Studio units, sixteen (16) 1-Bedroom/1-Bathroom units, forty-nine (49), 2-Bedroom/1.5-Bathroom units and seven (7), 3-Bedroom/2-Bathroom units with 67,826 square feet of gross living area on 4.09 acres of land. The Property offers direct entry units, ample on-site parking, an on-site laundry facility, well-maintained grounds with ample green space, a central courtyard and swimming pool.

Property Facts

Sale Type Investment
No. Units 74
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.09 AC
Building Size 67,826 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1966
Parking Ratio 2.58/1,000 SF

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Smoke Free

Site Amenities

  • Fitness Centre
  • Laundry Facilities
  • Grill

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 2 - 325
1+1 16 - 738
2+1.5 48 - 936
3+2 8 - 1,305

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-3S-29-0000-00600-0000
Land Assessment
£1,326,056
Improvements Assessment
£4,204,169
Total Assessment
£5,530,225

zoning

Zoning Code C1
C1
  • Listing ID: 33841308

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 75 Nightingale Ln, Gulf Breeze, FL 32561

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