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43 Cassine Way

1,427 SF Office/Retail Condo Unit Offered at $1,075,000 in Santa Rosa Beach, FL 32459

Investment Highlights

  • High Foot Traffic
  • Close to the Beach
  • Affluent Area

Executive Summary

Owner financing if buyer pays current loan and other terms!! Discover a rare opportunity to own a piece of coastal elegance and commercial versatility within Cassine Station, a distinguished property that seamlessly marries modern luxury with commercial potential. The commercial storefront offers a ground floor corner unit facing county highway 30A to maximize its visibility and traffic counts to its customers. This exquisite building, adorned with architectural accolades, stands as a beacon of sophistication in the heart of Seagrove Beach. As you step into this contemporary masterpiece, be captivated by the sleek lines and coastal-inspired design characterized by Cassine Station. The award-winning architecture sets the tone for an unparalleled commercial experience.

Property Facts

Price $1,075,000
Unit Size 1,427 SF
No. Units 1
Total Building Size 1,427 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Convenience Store
  • General Retail Storefront Retail/Residential
  • General Retail Veterinarian Kennel
Sale Type Investment or Owner User
Building Class C
Floors 1
Typical Floor Size 1,427 SF
Year Built 2006
Tenancy Single

1 Unit Available

Unit 101

Unit Size 1,427 SF
Price $1,075,000
Price Per SF $753.33
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 4.09%
NOI $44,000
APN/Parcel ID 24-3S-19-25850-000-0101
Description

Recently renovated and ready for new owner! Discover a rare opportunity to own a piece of coastal elegance and commercial versatility within Cassine Station, a distinguished property that seamlessly marries modern luxury with commercial potential. The commercial storefront offers a ground floor corner unit facing county highway 30A to maximize its visibility and traffic counts to its customers. This exquisite building, adorned with architectural accolades, stands as a beacon of sophistication in the heart of Seagrove Beach. As you step into this contemporary masterpiece, be captivated by the sleek lines and coastal-inspired design characterized by Cassine Station. The award-winning architecture sets the tone for an unparalleled commercial experience

Sale Notes

Owner is currently doing a triple net lease and selling the building. Tenant could leave as early as October but lease is in place until 2025.

Major Tenant Information Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
Under The Sea Ice Cream 99,999 SF SF Jan 0000

Amenities

  • Corner Lot
  • Air Conditioning

zoning

Zoning Code Commercial (Commercial Condo Storefront)
Commercial (Commercial Condo Storefront)
  • Listing ID: 31956936

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 43 Cassine Way, Santa Rosa Beach, FL 32459

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