36070 Emerald Coast Parkway, Destin, FL
Listing Snapshot
| List Price | $4,114,286 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.57 acres |
| Year Built | 2003 |
| Property Tax | $17,135.15/yr |
| HOA / Condo Fee | $0 |
| MLS # | 1175538168 |
| Status | Active |
| Days on Market | 8 |
About This Home
PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $3M+ per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.
General Features
- Property Type
- CommercialSale
- Sub-type
- Retail
- Stories
- 2
- Parking Spaces
- 13
- Parking
- AccessibleParking
- Foundation
- Block
- Zoning
- CG
- Security
- FireAlarm,FireSprinklerSystem,SecurityLights
- Utilities
- ElectricityConnected,WaterConnected
Interior Features
- Flooring
- Tile
- Heating
- Central
- Cooling
- CentralAir
Exterior Features
- Construction
- Concrete,Stucco
- Roof
- Concrete
- Lot Features
- InteriorLot
Community Features
- Community Features
- Shopping
- Association Dues
- $0
- MLS Area
- 5940 - Other Florida County
Map
Virtual Tour
View Virtual TourMLS# 1175538168 · BEACH
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Estimate Your Payment
20% down · Loan: $3,291,286
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.