Valparaiso, FL 32580,500 Kelly Mill Road
Valparaiso, FL 32580,500 Kelly Mill Road
Valparaiso, FL 32580,500 Kelly Mill Road
$12,390,000
Est. payment /mo
$12,950,000
4.3%
Est.Price: ?

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71,250 SqFt
SOLD DATE : 03/08/2024

Key Details

Sold Price $12,390,000

Property Type Commercial

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 71,250 sqft

Price per Sqft $173

MLS Listing ID 922448

Sold Date 03/08/24

Year Built 1987

Lot Size 8.260 Acres

Acres 8.26

Property Description

Price Improvement-Riviera Ridge Townhomes enjoys a central Valparaiso location close to Eglin Air Force Base, Northwest Florida State College and various employment, entertainment and dining opportunities. The Property is located just off of John Sims Parkway, the main artery through Valparaiso, leading from Niceville to Eglin AFB in southern Okaloosa County.Riviera Ridge Townhomes contains 84 rental units built in two phases. Initially, Phase I was constructed in 1984 and Phase II was completed in 1986. The complex is comprised of 22 rental buildings, 1 one story maintenance shop and 1 one story office building distributed over 8 acres. The buildings are wood frame construction, with a brick veneer, in an array of exterior styles.

Location

State FL

County Okaloosa

Area 13 - Niceville

Zoning R-2

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Listed by Riviera Realty Group LLC
Bought with Non Member Office (NABOR)

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Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

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