203 John Sims Pky | Niceville, FL 32578
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203 John Sims Pky
Niceville, FL 32578
Spanish Trace Apartments · Multifamily 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 | Lot Size | 0.95 AC |
| Property Type | Multifamily | Building Size | 20,262 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 3.35/1,000 SF |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.95 AC |
| Building Size | 20,262 SF |
| No. Stories | 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
| Parcel Numbers | Improvements Assessment | $1,082,680 | |
| Land Assessment | $467,104 | Total Assessment | $1,549,784 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$467,104
Improvements Assessment
$1,082,680
Total Assessment
$1,549,784
zoning
| Zoning Code | C-2 (General Commercial) |
| C-2 (General Commercial) |
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