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31245209
31245210

34 Harbor Blvd, Destin, FL 32541 For Sale

MW
FL SL3590705, AL 000163903
LPT Realty
Listed by LPT Realty
$250,000
117 days on market
Updated 117 days ago

Turnkey Mirror Maze & Arcade – HarborWalk Village Destin

Details
Property Type Business for Sale, Retail
Sub Type Business Only, Entertainment / Recreation
Square Footage 2,200
Net Rentable (SqFt) 2,200
Units 1
Cap Rate 8%
NOI $20,000
Occupancy 100%
Tenancy Single
Brand/Tenant America's Fun Spots LLC
Lease Type NNN
Lease Term 5
Lease Expiration 03/18/2029
Remaining Term 2.7
Rent Bumps Yes
Price per SqFt $114
Class A
Year Built 2008
Year Renovated Recently built-out / renovated
Buildings 1
Stories 1
Zoning COM
Investment Type Value Add
Tenant Credit No Credit Rating
Lease Commencement 03/18/2024
Occupancy Date 03/18/2026
Ownership OWNER-USER
Sale Condition For sale by owner

Turnkey Mirror Maze & Arcade Opportunity in the Heart of HarborWalk Village, Destin

Marketing description

This turnkey mirror maze and arcade is located in the heart of HarborWalk Village, Destin’s premier waterfront entertainment destination. With over 4.5 million visitors annually (with 4.5 out of 5 stars from ~7,500+ reviews across platforms), indicating strong overall satisfaction, HarborWalk Village is the focal point for tourists, families, and seasonal visitors along the Emerald Coast. The property offers an immersive, one-of-a-kind mirror maze experience, paired with a fully operational arcade, creating a high-engagement entertainment venue with strong repeat visitation.

Priced below 50% of build-out cost, this turnkey asset offers dual-income potential with private event rentals. Positioned in a proven tourist corridor, it presents a compelling, high-visibility, value add investment opportunity.

With limited direct competition in the immediate area and a concept designed for high engagement and repeatability, this offering represents a compelling opportunity for investors or owner-operators seeking an experiential retail business in a premier waterfront destination.

Financials available upon request

Investment highlights

  • Prime Waterfront Location: Centered in HarborWalk Village, Destin’s busiest tourist hub.

  • Great value: Offered at a significant discount to replacement cost (≈50% of build-out)

  • Turnkey Business: Fully equipped mirror maze and arcade, ready for immediate ownership transfer.

  • Unique Attraction: Only mirror maze of its kind in Destin, providing strong competitive differentiation.

  • Multiple Revenue Streams: Arcade revenue, maze admissions, and private event rentals.

  • High Foot Traffic & Seasonal Demand: Capitalizes on peak tourist seasons with consistent exposure year-round.

  • Strong Cash Flow Potential: Experiential retail with high margins and repeat visitor appeal.

  • Limited Competition: Few comparable family entertainment options in the immediate area.

  • Investor-Ready Location: Class A tourist destination with long-term growth potential.

  • Established Brand Presence: Recognized destination attraction within HarborWalk Village, enhancing marketing reach.


Opportunities for Growth

  • Expand marketing campaigns to reach additional tourist segments.

  • Increase private event bookings and themed experiences.

  • Add additional arcade machines or interactive experiences to boost revenue.

  • Explore partnerships with local hotels and tour operators for packaged offerings.

Listing Contacts

MW
FL SL3590705, AL 000163903
LPT Realty
Listed by LPT Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$20,000.00
$1,666.67/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Maria White
License
SL3590705
Brokerage Phone
404 431 2602
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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