36248 Emerald Coast Parkway, Destin, FL 32541

$1,800,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 19,602 Status: Sold
Current Price: $1,895,000 List Date: 4/19/2022 Last Modified: 10/13/2024

Description

ATTENTION INVESTORS! Qualify your 1031 Tax Deferred Exchange by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This opportunity involves a corporate-guaranteed, net lease. This prime site contains a hard corner and signalized intersection, capturing significant visibility from the nearly 40,000+ vehicles passing along Highway 98 on a daily basis. Please inquire for further details and to schedule a private showing. Please do not approach tenants or staff. The seller is a licensed real estate broker and salesperson in the states of Florida, California, and Georgia.

More Information MLS# 896167

Contract Info

GCCMLS Number: 30739185 Listing Board: Emerald Coast List Date: 2022-04-19 List Price: $1,895,000

Location, Tax and Legal

Sub Area: 1404 - Destin Beach East Property Name: Sherwin Williams Paint Store Legal Description: EMERALD HEIGHTS S/D LOT A

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No Lot Depth: 210 Zoning: ROI-TD / Comm. Lot Frontage: 125 Acreage: 0.45

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: ATTENTION INVESTORS! Qualify your 1031 Tax Deferred Exchange by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This opportunity involves a corporate-guaranteed, net lease. This prime site contains a hard corner and signalized intersection, capturing significant visibility from the nearly 40,000+ vehicles passing along Highway 98 on a daily basis. Please inquire for further details and to schedule a private showing. Please do not approach tenants or staff. The seller is a licensed real estate broker and salesperson in the states of Florida, California, and Georgia.

Class

Income Producing: 1 Retail: 1

Construction Status

Existing: 1

Retail

Property Type: Freestanding Year Built: 2014 # of Units: 1

Income Producing

Year Built: 2014 Building SqFt: 4020 Property Type: Retail

None

Current Price: $1,800,000

Status Change Info

Status: Sold Under Contract Date: 2022-04-24 Sold Date: 2022-05-27 Sold Price: $1,800,000

Location Tax and Legal

Area: 14 - Destin Street #: 36248 Street Name: Emerald Coast Street Suffix: Parkway State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0975-0000-00A0

Property Features

Class: Income Producing; Retail Construction Status: Existing
Listing Office: Somers & Company
Last Updated: October - 13 - 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.