May 28, 2025 – Adam Podbelski of Horvath & Tremblay has arranged the sale of the Breeze Apartments, a seventy-four (74) unit multi-family apartment complex in Gulf Breeze, Florida. Podbelski exclusively represented the seller to complete the transaction at a sale price of $13,500,000.
Constructed in 1966 and renovated between 1990 and 2023, the Breeze Apartments is a desirable residential community in the heart of Gulf Breeze and seconds from Pensacola Bay. The Breeze Apartments is a seventy-four (74) unit apartment community spread across (4) two-story buildings. The community features a desirable unit mix containing two (2) Studio units, sixteen (16) 1-Bedroom/1-Bathroom units, forty-nine (49), 2-Bedroom/1.5-Bathroom units and seven (7), 3-Bedroom/2-Bathroom units with 67,826 square feet of gross living area on 4.09 acres of land. The Property offers direct entry units, ample on-site parking, an on-site laundry facility, well-maintained grounds with ample green space, a central courtyard and swimming pool. Located at 75 Nightingale Lane on the Fairpoint Peninsula, The Breeze Apartments is one of only a handful of residential communities in Gulf Breeze. The community is well positioned in the center of Gulf Breeze and offers convenient access to area schools, retailers and restaurants, primary roadways and incredible access to area beaches and parks, while still being in close proximity to downtown Pensacola, and all of the amenities of the area’s largest city. The Property is seconds from Gulf Breeze Parkway (US Highway 98), the area’s primary commercial and commuter corridor, three miles from Pensacola Beach, and five miles from Downtown Pensacola.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.