$2,500,000

100 Beach Drive 2,3,4,7,8,9, Destin, FL 32541

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Owning six units at Beach Lofts in Destin gives investors a rare chance to secure immediate cash flow in one of the most consistent rental markets along the Emerald Coast. Four of the six units are already leased at an average of $2,900 per month, which means income starts on day one with clear potential for rent growth as demand continues to rise. Buyers also have the flexibility to purchase fewer units if desired, with six being the maximum available in this bulk offering. Each townhome offers approximately 1,758 square feet of thoughtful design beginning with an open main level where a spacious family room flows to the covered patio through double doors. The kitchen brings plenty of appeal with white cabinetry, stainless steel appliances, and a large island with seating. A half bath completes the main level. Upstairs, all three bedrooms are well appointed including a large primary suite with a window seat, walk-in closet, and private ensuite with double vanity, tile shower, and water closet. The secondary bedrooms share a hall bath with a double vanity and shower/tub combo, and both bedrooms open directly onto an upstairs covered patio overlooking the pool  a feature renters love. Location is another standout. Beach Lofts sits close to Destin Commons, HarborWalk Village, and the emerald waters Destin is known for. Transportation is effortless with quick access to Highway 98 providing seamless connectivity to nearby communities and major conveniences. With an HOA of $975 dollars per quarter and average insurance of $2,200 dollars per unit, operating costs remain attractive while the long term upside stays solid. This is a clean, well positioned multi unit opportunity built for steady returns and future appreciation.

Listing Status:
Active
Date Added:
November 26, 2025 at 06:00AM
Listing Office:
Compass : 850-296-9769
Listing Agent:
Andrea E Gallagher : 260-602-1608
MLS ID:
990398
  • Originating MLS: Emerald Coast Association of REALTORS®
  • County: Okaloosa
  • Zoning: 00-2S-22-7007-0000-0040
  • Source: Emerald Coast Association of REALTORS®

This listing courtesy of Andrea E Gallagher, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Destin Elementary School

630 Kelly St, Destin, FL, 32541

Grades PK-4

0.63 miles away

D

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

3.88 miles away

O

Okaloosa Virtual Instruction Program

120 Lowery Pl SE, Fort Walton Beach, FL, 32548

Grades KG-12

7.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.