Florida
Destin
4635 Gulfstarr Drive

$4,224,000

4635 Gulfstarr Drive, Destin, FL 32541

Commercial Property
Built in ——
1.1acre lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

ATTENTION INVESTORS 5.6% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical or Professional office building located in the heart of Destin! Its prime corner location w/a traffic light, provides easy accessibility & significant visibility from the 60,000+ vehicles passing daily along Hwy 98. The corner site also contains a highly visible large marquee sign. Strategically located less than a mile from The Destin Commons, Whole Foods, restaurants & businesses, this professional Office building is fully leased & generates $347,884 annual income. High quality finishes & architectural appeal accent 15,000+ SF Class A office space. The month to month Tenant could vacate if Buyer wants to occupy. Inquire for further details & to schedule a private showing.

Listing Status:: Active
Date Added:: April 10, 2025 at 05:00AM
Listing Office:: RE/MAX Coastal Properties : 850-837-9900
Listing Agent:: Karen K Martineau : 850-499-6930
MLS ID:: 969488

Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

This listing courtesy of Karen K Martineau, RE/MAX Coastal Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

1.04 miles away

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

1.04 miles away

Niceville High School

800 John Sims Pkwy E, Niceville, FL, 32578

Grades 9-12

9.89 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.