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4635 Gulfstarr Drive, Destin 32541 (Pending)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 969488 | Price: | $4,224,000.00 | Year Built: | 2005 | Square Feet: | 15352 | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 0.53 acres | Lot Dimensions: | 100 X 250 X 82 X 250 |
Subdivision: Not available
Description:
ATTENTION INVESTORS 5.6% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical or Professional office building located in the heart of Destin! Its prime corner location w/a traffic light, provides easy accessibility & significant visibility from the 60,000+ vehicles passing daily along Hwy 98. The corner site also contains a highly visible large marquee sign. Strategically located less than a mile from The Destin Commons, Whole Foods, restaurants & businesses, this professional Office building is fully leased & generates $347,884 annual income. High quality finishes & architectural appeal accent 15,000+ SF Class A office space. The month to month Tenant could vacate if Buyer wants to occupy. Inquire for further details & to schedule a private showing.
Photos
Features
Not availableCommercial Features
| Income-Producing Year Built: 2005 | Income-Producing Building Square Footage: 15352 | ||||
| Income-Producing Annual Gross Income: 347840 | Income-Producing Cap Rate: 6 | ||||
| Income-Producing Property Type: Office | Office Year Built: 2005 | Office Building Square Footage: 15352 | Office Actual Gross Income: 347840 | Office Net Operating Income: 234695 | Office Number of Units: 4 |
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This listing provided courtesy of RE/MAX Coastal Properties.
This information was last updated on 4/1/2025 9:03:37 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.
