36250 Emerald Coast Parkway, Destin, FL 32541 (MLS# 811567)

36250 Emerald Coast Parkway, Destin, FL 32541

$1,150,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 14,375 Status: Sold

Current Price: $1,395,000 List Date: 11/29/2018 Last Modified: 10/12/2024

Description

7 cap! 100% Occupied by Renasant Bank! $99,000 of annual income under a Net Lease! Superb freestanding building with significant visibility, located at a traffic light on Highway 98 in Destin, Florida! Solid block building enjoying a daily traffic count of 40,000+! The corner site also contains a highly visible electronic, remotely programmable, Watchfire billboard sign fronting Hwy. 98. The new urgent care facility, Destin ER, is located across the highway.

More Information MLS# 811567

None

Current Price: $1,150,000

Status Change Info

Status: Sold Under Contract Date: 2019-01-13 Sold Date: 2019-03-21 Sold Price: $1,150,000

Contract Info

List Date: 2018-11-29 List Price: $1,395,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin Street #: 36250 Street Name: Emerald Coast Street Suffix: Parkway State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0975-0000-00B0

General Property Info

Listed on GCCMLS: No Office Class: Class A Vacant: No Immediate Occupancy: No Acreage: 0.33 CAM Per: Year

Income Producing

Year Built: 2006 Building SqFt: 3567 Annual Gross Income: 99000 Cap Rate: 7 Property Type: Office

Office

Year Built: 2006 Building SqFt: 3567 Property Type: Low Rise # of Units: 2

Property Features

Class: Income Producing Construction Status: Existing

Documents

Building Plans ›

Property Survey ›

Square Footage Allocation ›

Listing Office: Somers & Company

Last Updated: October - 12 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.