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  • Price$2,500,000
  • SQ. Feet31,363
  • Acres0.72

14,500 Sf Mixed Use Income Property, DESTIN

VALUE ADD OPPORTUNITY ~ Available for purchase ~ 14,500 SF mixed use income producing property. This property consists of two 7,000 SF (+/-) buildings with 12 units on .72 acres. The front building is 5000 SF office / retail space with an adjacent 2,000 SF warehouse. The rear building is 7,500 SF two story brick building with 10 units (5 up/ 5 down) consisting of 3 residential 1 bedroom apartments, 2 office units and 5 retail units. This property is centrally located in Destin along Main Street just north of the Post Office and the new Publix Shopping Center. This property has many leases under market value and with the addition of Publix nearby, I feel rents will be climbing well into the future. Parking lot will be resurfaced very soon.

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Essential Information

  • MLS® #937982
  • Price$2,500,000
  • Square Footage31,363
  • Acres0.72
  • TypeCommercial Sales
  • StatusActive

Exterior

  • Lot Description100 x 315

Listing Details

  • Listing OfficeTaylor Allen Properties LLC

Community Information

  • Address14,500 Sf Mixed Use Income Property
  • AreaDestin
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541

Additional Information

  • Days on Website19
  • ZoningTC Mixed Use

Price Change History for 14,500 Sf Mixed Use Income Property, DESTIN, FL (MLS® #937982)

Date Details Price Change
Price Increased $2,500,000 $250,000 (11.11%)
Price Reduced (from $2,799,999) $2,250,000 $549,999 (19.64%)
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