Search Results -> 4635 Gulfstarr Drive, Destin

4635 Gulfstarr Drive, Destin 32541 (Pending)

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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 available

Commercial 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 4/2/2025 1:02:59 AM.

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.
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