36468 Emerald Coast Parkway Lot 5, Destin, FL 32541

$900,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $900,000 List Date: 5/04/2026 Last Modified: 5/22/2026

Description

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

Supplements: 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.

More Information MLS# 994448

Contract Info

GCCMLS Number: 6982135 Listing Board: Emerald Coast List Date: 2026-02-03 List Price: $900,000

Location, Tax and Legal

Unit #: Lot 5 Sub Area: 1404 - Destin Beach East Property Name: The Old South Centre Legal Description: Old South Centre Offc Complex Ph II Lot 5

General Property Info

Listed on GCCMLS: Yes Office Class: The Old South Centre Description: 3,250 SF Office/Warehouse Flex Vacant: Yes Immediate Occupancy: Yes CAM: 500 CAM Per: Month Acreage: 0.64

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 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

Class

Business Only: 1 Income Producing: 1 Office: 1 Retail: 1

Doors & SqFt

Door Height: 12 Warehouse SF: 3250

Office

# of Units: 2

Business Only

Real Estate Option: No Real Estate

Retail

# of Units: 2

Income Producing

Property Type: Other (See Remarks)

None

Current Price: $900,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 36468 Street Name: Emerald Coast Street Suffix: Parkway State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 002S22194500000050

Property Features

Class: Business Only; Income Producing; Office; Retail

Documents

Listing Office: Watersound Real Estate
Last Updated: May - 22 - 2026
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.