Commercial > Multi-family / Apartments
Active
07/10/2024
List Price
$35,000,000
480 Santa Rosa Blvd
Fort Walton Beach, FL 32548
- 1Bed
- -Bath
- 7,914ft²Living Area
- 1.6acLot Size
- -Pool
- -Car
- 1970Year Built
- 212DOM
- 16Permits
480 Santa Rosa Blvd, Fort Walton Beach, FL 32548 is a 1 bed, 7,914 ft² multi-family/apartments property built in 1970 on a 1.570 acre lot with 16 construction permits. This multi-family/apartments is currently listed for $35,000,000, and it was last sold in 2022 for $14,500,000.
MLS Description
The listing agent's description. Original Listing
Welcome to Mar-a-Sol, an exquisite waterfront residence on Okaloosa Island. This distinguished property boasts 69 meticulously updated units, comprising one- and two-bedroom configurations, each adorned with modern and stylish finishes. The East building offers unparalleled full Gulf front views, while the West building provides partial vistas, with every unit being a mere 10 feet from beach access and just 100 feet from the pristine waters.
Each unit features gourmet kitchens equipped with stainless steel appliances, luxurious granite countertops, and tasteful backsplashes. Elegant LPV hardwood flooring graces the living spaces, and the master suites offer spacious ensuites with ample room for nightstands and a desk. With an impressive 97% occupancy rate, Mar-a-Sol accommodates both long-term and short-term tenants. The owners have meticulously updated the exterior with sophisticated white and black paint, complemented by modernized landscaping and stylish pool furniture, creating a chic and inviting ambiance.
This property presents an array of opportunities. You can seamlessly continue the current thriving business or redevelop the buildings into new condominium units or beach homes. The location, combined with stunning Gulf views and immediate beach access, ensures endless possibilities for this highly coveted property.
Okaloosa Island is a gem on Florida's Emerald Coast, nestled between the Gulf of Mexico and Choctawhatchee Bay, and known for its pristine white-sand beaches and crystal-clear waters. This idyllic barrier island offers a plethora of activities, including swimming, sunbathing, and a variety of watersports like jet skiing, paddle boarding, and snorkeling. Visitors can enjoy fishing on the Okaloosa Island Pier, embark on dolphin cruises, and explore scenic nature trails. The island boasts a vibrant dining scene with beachfront eateries and fine dining options, as well as lively nightlife. Family-friendly attractions like the Gulfarium Marine Adventure Park and local shopping add to the island's charm, making it a perfect destination for relaxation and adventure.
Fort Walton Beach is undergoing a remarkable revitalization of its downtown area, and the replacement of Brook's Bridge is currently underway. Additionally, Okaloosa Island has plans for a 4.3-mile multi-use pathway, providing a safe and scenic route for bicyclists and pedestrians. These exciting developments position Mar-a-Sol in a prime location to benefit from the growth and transformation of this vibrant, up-and-coming community. Do not miss out on this rare opportunity with a special location!
Listing Agents
The listing agent for 480 Santa Rosa Blvd is Amanda J Kaiser.
AJ
Amanda J Kaiser
Compass
Phone: (305) 851-2820
Permits
480 Santa Rosa Blvd has 16 permit records.
Permit History
16
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$26,165.38From latest Total Assessed Value1.33%Total Assessed Value$1,962,865=Land+
Assessed Value$232,124Additions
Assessed Value$1,730,741
In 2023, taxes billed for 480 Santa Rosa Blvd were $26,165.38, which is 1.33% from latest Total Assessed Value of $1,962,865.
Property History
480 Santa Rosa Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 480 Santa Rosa Blvd
Hazard Risks
Hurricane399Weather297Tornado201Wind190Nat'l Avg100Particulates97Ozone81Carb Mono75Hail75Air Pollution73Lead40Earthquake21
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 480 Santa Rosa Blvd.
Walkability Index
7 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
480 Santa Rosa Blvd has a walkability score of 7 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
43°F
High
62°F
Summer
Average
Low
73°F
High
89°F
In the winter at 480 Santa Rosa Blvd, temperatures range from 42.89°F to 61.99°F with an average of 52.44°F. In the summer, the temperature ranges from 72.65°F to 88.96°F with and average of 80.81°F.
School Information
Public/private schools serving 480 Santa Rosa Blvd
Public Schools
Northwest Florida Ballet Academie
Grades: 3-8
0.54 mi
A+
Max Bruner Junior Middle School
Grades: 6-8
2.11 mi
D+
Fort Walton Beach High School
Grades: 9-12
2.10 mi
B-
Elliott Point Elementary School
Grades: PK-5
1.80 mi
C+
Okaloosa Virtual Franchise
Grades: 6-12
24.41 mi
Okaloosa Virtual Instruction Program
Grades: KG-12
0.66 mi
Okaloosa Online Non Franchised
Grades: KG-12
24.41 mi
D-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 480 Santa Rosa Blvd have ratings undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 32548.
Seasonal Housing units 32548
67%of housing is for seasonal rent.
Daytime Population for 32548
+10%of people during work hours.
Boundary map of 32548.
Crime Index for 32548
112
112
The crime index in 32548 is 112, which is 1.1 times higher than national average.
Market Trends
Historical market data near 480 Santa Rosa Blvd over selected time period.
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- 866 Santa Rosa Blvd #Unit 609, Fort Walton Beach, FL 32548 is a 1,214 square foot, 2 bedroom, 2 bathroom, 0.03 acre property. It was built in 2002 and has an estimate of $900,591 with a price per ft² of $742.
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- 676 Santa Rosa Blvd #Unit 4f, Fort Walton Beach, FL 32548 is a 1,039 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1974 and has an estimate of $675,291 with a price per ft² of $650.
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- 790 Santa Rosa Blvd #Unit 2012, Fort Walton Beach, FL 32548 is a 1,356 square foot, 3 bedroom, 2 bathroom, 0.03 acre property. It was built in 1999 and has an estimate of $802,203 with a price per ft² of $592.
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