34851 Emerald Coast Parkway, Destin, FL 32541 (MLS# 570472)

34851 Emerald Coast Parkway, Destin, FL 32541

$1,750,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 47,916 Status: Sold

Current Price: $2,450,000 List Date: 12/09/2012 Last Modified: 10/11/2024

Description

A superb Class A office building located in Destin, Florida's most prestigious district. Current tenants include Wells Fargo Mortgage, BBVA Compass Bank, and Raymond James. The 5,000 sf on the second floor has undergone a complete renovation to accommodate Raymond James. Parking capacity is significant and exceeds code requirements. The parcel fronts Highway 98 with a monument sign as well, and includes 1.5 pristine acres of beautifully maintained landscape with lush and mature growth. Net Operating Income is approximately $163,338.00

More Information MLS# 570472

Contract Info

Listing Board: Emerald Coast List Date: 2012-01-16 List Price: $2,450,000

Location, Tax and Legal

Sub Area: 1403 - Destin Northwest Property Name: THE WELLS FARGO MORTGAGE, BBVA

General Property Info

Office Class: Class A Property Information: 100% Leased Vacant: No Lot SqFt: 47916 Immediate Occupancy: Yes Lot Depth: 357 Lot Frontage: 186 Acreage: 1.1

Remarks & Misc

Remarks: A superb Class A office building located in Destin, Florida's most prestigious district. Current tenants include Wells Fargo Mortgage, BBVA Compass Bank, and Raymond James. The 5,000 sf on the second floor has undergone a complete renovation to accommodate Raymond James. Parking capacity is significant and exceeds code requirements. The parcel fronts Highway 98 with a monument sign as well, and includes 1.5 pristine acres of beautifully maintained landscape with lush and mature growth. Net Operating Income is approximately $163,338.00

Class

Office: 1

Construction Status

Existing: 1

Office

Year Built: 1999 Building SqFt: 12076 Property Type: Low Rise Price P/SqFt: 248 Net Operating Income: 163338 # of Units: 3

None

Current Price: $1,750,000

Status Change Info

Status: Sold Under Contract Date: 2012-12-14 Sold Date: 2012-12-14 Sold Price: $1,750,000

Location Tax and Legal

Area: 14 - Destin Street #: 34851 Street Name: Emerald Coast Street Suffix: Parkway State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0000-0001-A17V

Property Features

Class: Office Construction Status: Existing

Listing Office: Somers & Company

Last Updated: October - 11 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.