Destin, FL 32541,4635 Gulfstarr DR
Destin, FL 32541,4635 Gulfstarr DR
Destin, FL 32541,4635 Gulfstarr DR
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$3,500,900
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47,916 SqFt
Active

4635 Gulfstarr DR Destin, FL 32541

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 47,916 sqft

Price per Sqft $73

MLS Listing ID 969488

Lot Size 1.100 Acres

Acres 1.1

Lot Dimensions 100 X 250 X 82 X 250

Source Emerald Coast Association of REALTORS®

Property Description

ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical/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. 224K Estimated 2025 NOI with 6.4 CAP. The month to month Tenant could vacate if Buyer wants to occupy. Inquire to schedule a private showing.

Location

State FL

County Okaloosa

Area 14 - Destin

Direction From HWY 98, Turn South at the traffic light onto Regatta Bay Blvd. Take the 1st Left onto Gulfstarr Dr. & immediate Left into the Parking Lot. Property is located on the Corner of Gulfstarr Dr. & Regatta Bay Blvd. with frontage on HWY 98.

Exterior

Garage No

Building

Faces From HWY 98, Turn South at the traffic light onto Regatta Bay Blvd. Take the 1st Left onto Gulfstarr Dr. & immediate Left into the Parking Lot. Property is located on the Corner of Gulfstarr Dr. & Regatta Bay Blvd. with frontage on HWY 98.

New Construction No

Others

Pets Allowed No

Tax ID 00-2S-22-2380-0000-0010


 Emerald Coast MLS - IDX
Listed by Karen K Martineau RE/MAX Coastal Properties

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Brian Burgett

Brian Burgett

Broker | License ID: e30470

+1(515) 473-0962

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4635 Gulfstarr DR