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32895331
32895329

36468 Emerald Coast Parkway, Destin, FL 32541 For Sale

Watersound Real Estate
Listed by Watersound Real Estate
$825,000
57 days on market
Updated 7 days ago

Commercial Office/Warehouse

Details
Property Type Office, Industrial (+1)
Sub Type Executive Office, Medical Office (+1)
Square Footage 3,250
Net Rentable (SqFt) 6,500
Units 2
Cap Rate 9.00%
Tenancy Vacant
Lease Type NNN
Class A
Year Built 2000
Year Renovated 2004,2026
Buildings 1
Acreage 0.650
Zoning Commercial
Parking Spaces 15 spaces
Parking per 1,000 SqFt 4.62
Investment Type Owner/User
Occupancy Date 05/23/2026
Ground Lease No
Ceiling Height 14
Loading Docks 1
Dock High Doors 1
Sale Condition N/A

High-visibility Destin office + warehouse opportunity with income potential and motivated seller

Marketing description

Ability to earn 8% Cap Rate or More! Prime office + warehouse opportunity in one of Destin’s busiest commercial corridors with exceptional Hwy 98 visibility and strong investment potential. Located in the highly desirable Old South Centre, this flexible commercial property is ideal for owner-users, investors, medical, professional, or service-based businesses.

The property features executive office buildout, reception/waiting area, conference space, warehouse access, multiple restrooms, kitchen areas, and ample parking. Functional layout allows for multiple business operations or income-producing potential with existing tenant flexibility.

High daily traffic counts, excellent accessibility, and strong surrounding business presence make this a rare opportunity in the Destin commercial market.

✔ Prime Hwy 98 frontage

✔ Office + warehouse configuration

✔ Executive office buildout

✔ Investor or owner-user opportunity

✔ Strong visibility and accessibility

✔ Motivated seller seeking fast sale before July

Properties with this location, flexibility, and exposure rarely become available in Destin.

Investment highlights

✔Ability to earn an 8% Cap Rate or More: Prime Hwy 98 frontage with strong daily traffic

✔ Office + warehouse configuration for multiple business uses

✔ High-demand Destin commercial corridor

✔ Flexible owner-user or investment opportunity

✔ Motivated seller ready for a fast deal

✔ Rare mixed-use office and warehouse opportunity in Destin

✔ High traffic exposure for business growth

✔ Functional layout with multiple private offices

✔ Income-producing potential with flexible use options

✔ Ample parking and easy client access

✔ Turnkey commercial asset in a sought-after corridor

✔ Prime commercial frontage in the heart of Destin

✔ Investor-friendly property with income potential

✔ Warehouse access combined with professional office space

✔ Surrounded by established businesses and medical offices

✔ Aggressively positioned for a fast sale

Listing Contacts

Watersound Real Estate
Listed by Watersound Real Estate

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Additional Information

Name
Jason Green
License
3234252
Brokerage
Watersound Real Estate
Title
Broker of Record
Brokerage Address
1701 East County Hwy 30A Santa Rosa Beach Fl 32459
Name
Olivia Catanese
License
3610943
Brokerage
Coldwell Banker Realty
Brokerage Phone
8506504563
Title
Real Estate Agent
Brokerage Address
2930 West County Highway 30A
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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