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4635 Gulfstarr Drive

Destin, FL 32541
  • $4,224,000
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 969488
UPDATED: 59 min ago
$4,224,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

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.

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© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2025-07-09T20:00:35.53.
Vendor Member #28178.
www.somerscompany.com/homes/160832840
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4635 Gulfstarr Drive Destin, FL 32541

  • Price: $4,224,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 59 min ago
  • MLS #: 969488
0
Beds
0
Baths
0
½ Baths
1.1
Acres
Neighborhood:
Destin
County:
Okaloosa
Area:
Destin
Property 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.
Exterior Features

Lot Size Dimensions 100 X 250 X 82 X 250 Waterfront Features []

Property Features

New Construction YN No Property Condition Existing Special Listing Conditions []

Listing courtesy of RE/MAX Coastal Properties: 850-837-9900.


© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2025-07-09T20:00:35.53.
Vendor Member #28178.
 
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