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Aaron Thompson

aaron.thompson@engelvoelkers.com +1(423) 413-8387

$ 825,000

Est. payment -/mo

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36468 Emerald Coast Pkwy #Lot 5 Destin, FL 32541

27,878 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 27,878 sqft

Price per Sqft $29

MLS Listing ID 994448

Lot Size 0.640 Acres

Acres 0.64

Source Emerald Coast Association of REALTORS®

Property Description

Ability to earn an 8% Cap Rate or More! 3,000 SF Flex Industrial Building - Owner User or Investment - Near Highway Access! Located in the highly desirable Old South Centre commercial corridor along Emerald Coast Parkway/Hwy 98 in Destin, this versatile ±3,250 SF office and warehouse property offers exceptional flexibility for owner-users, contractors, medical operators, service businesses, or investors seeking immediate income and long-term upside. Situated on approximately 0.64 acres with ample on-site parking, dual front and rear access, warehouse/garage functionality, and outstanding visibility in one of Destin's highest-traffic business corridors, the property is currently configured with more than 9 private offices, multiple reception areas, conference space, 3 restrooms, 2 kitchens, and flexible warehouse/storage areas that can support a single headquarters operation or multi-tenant configuration. Built in 2000 within the established Old South Centre business complex and zoned ROI-TD, the property is surrounded by stable professional and medical users while offering convenient access to Highway 98, Miramar Beach, and the greater Destin market. The flexible layout allows for use as one expansive business headquarters or as two separate income-producing suites, each with private access and independent functionality.

The left suite is designed for a polished client-facing experience, featuring an inviting waiting room, front desk/concierge area, five private executive offices, a spacious conference room, a his-and-hers restroom, a full kitchen, and direct access to the rear warehouse storage. A secure private connecting door also provides access to the adjoining suite if operated as one larger business.
The right suite offers its own professional reception and waiting area, front desk with plexiglass concierge window, two private restrooms, washer/dryer hookups, kitchen, and a large open flex space that is 570 Sq Ft that can serve as additional office buildout, showroom, operational workspace, or expanded warehouse storage. This side also includes its own dedicated access to the rear garage and warehouse space.

Location

State FL

County Okaloosa

Area 14 - Destin

Direction The Old South Centre is one mile east of Regatta Bay on the North Side of Emerald Coast Pkwy/98 just before Emerald Bay Golf Course Community. The warehouse is straight in the back.

Exterior

Garage No

Building

Faces The Old South Centre is one mile east of Regatta Bay on the North Side of Emerald Coast Pkwy/98 just before Emerald Bay Golf Course Community. The warehouse is straight in the back.

Others

Pets Allowed No

Tax ID 002S22194500000050

Listed by Olivia J Catanese Watersound Real Estate

NEARBY SCHOOLS & PROPERTIES

Aaron Thompson

Advisor | License ID: SL3519273

+1(423) 413-8387

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