Pending

14,500 SF Mixed Use Income Property

Destin FL, 32541

$2,500,000


Pending

Commercial

VALUE ADD OPPORTUNITY ~ Available for purchase ~ 14,500 SF mixed use income producing property. This property consists of two 7,000 SF (+/-) buildings with 12 units on .72 acres. The front building is 5000 SF office / retail space with an adjacent 2,000 SF warehouse. The rear building is 7,500 SF two story brick building with 10 units (5 up/ 5 down) consisting of 3 residential 1 bedroom apartments, 2 office units and 5 retail units. This property is centrally located in Destin along Main Street just north of the Post Office and the new Publix Shopping Center. This property has many leases under market value and with the addition of Publix nearby, I feel rents will be climbing well into the future. Parking lot will be resurfaced very soon.

937982

MLS ID

July 10, 2024

Listed

November 22, 2024

Updated

Map

14,500 SF Mixed Use Income Property
Destin FL, 32541

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.72 Acres

Other Property Details

Area Name

14 - Destin


Days on Market

226


Garage

No


View

No


County

Okaloosa


Pool

No


Zoning

TC Mixed Use

Listing History

Date

Event

Price

9/23/2024

Pending

Courtesy of Taylor Allen Properties LLC, Brett D Stuart,
Listing Contact: 850-865-9123 

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Data last updated 12:56 PM UTC, 11/22/2024

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