Fred Gunther represented Bid-A-Wee Apartments, LLC in the purchase of a vacant multi-family site on Florida Avenue in Panama City, FL.
He identified this off-market site for the buyer and worked with both parties to get the transaction closed. Gunther Properties is proud to help bring an additional 144 units of badly needed affordable housing to the Panama City market.
Gunther Properties represented the owner of the former Nonie I’s Restaurant & Pizzeria in the sale of the property to BGS Marine Sales & Service. The sales price was $500,000. The property is approximately 3.12 acres with 399 feet of frontage on Navy Boulevard.
Gunther Properties represented DR Horton in the sale of their former local, corporate office in Pensacola. DR Horton recently built a larger office in Pensacola and Fred Gunther was tasked with helping dispose of this former office at top market value. Gunther Properties generated multiple offers for the property and the 4,800 square foot building sold for $590,000, which was within approximately 1.5% of asking price. We are proud of our continued relationship with DR Horton, America’s Largest Homebuilder, https://www.drhorton.com/.
Gunther Properties brokered the sale of 5.7 acres in the City of Pensacola at the corner of Grande Drive and Office Woods Drive. The parcel is situated between the Pensacola International Airport, Pensacola State College, and Cordova Mall. Encompass Health (www.encompasshealth.com) closed on the $4,750,000 purchase.
This 24,045 square foot former bowling alley is situated on nearly two acres on Avalon Boulevard in Milton, Florida. Prior to this sale, the building sat dormant for over six years. Fred Gunther and Troy Stepherson exclusively marketed the property and worked with the owner to negotiate with several parties for the most beneficial outcome. The sales price was $849,000.
This 32,043 square foot former Coca-Cola plant is located on 2.15 acres just north of Downtown Pensacola, which was sold to Industrial Energy Services, Inc. and Illumadyne, an LED lighting company, for $750,000. Originally constructed in 1936, the new owners are planning an adaptive re-use of the facility and restoration of the primary architectural elements of the building. Gunther Properties worked with the seller in this transaction, and is proud to be involved in the preservation of this historic building while facilitating new job opportunities in the City of Pensacola.
Gunther Properties just assembled and closed a site for Love's Travel Stops & Country Stores at I-10 and Garcon Point Road in Milton, FL. Fred Gunther and Troy Stepherson listed one of the 7.74 acre parcels which sold for $579,900. Fred Gunther assembled the additional 17.85 acres for a total site size of 25.59 acres and a total price of $1,866,400. We are proud to be a part of a development which will bring in millions of dollars in gas tax revenue to Santa Rosa County each year.
Gunther Properties closed on the sale of a 4,954 square foot office space in the Historic District across from Seville Square. Formerly the law offices of Litvak, Beasley, Wilson and Ball, who had relocated. Gunther Properties worked with both the buyer and the seller.
The total of the 1st addition to Bridlewood Subdivision is 46 acres and was sold to an undisclosed buyer for $750,000. Gunther Properties worked with both the buyer and the seller on this transaction.
