36070 Emerald Coast Pkwy, FL 32541
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36070 Emerald Coast Pkwy, FL 32541
36070 Emerald Coast Pkwy, FL 32541
36070 Emerald Coast Pkwy, FL 32541
36070 Emerald Coast Pkwy, FL 32541
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Tariq Saleem

Tariq Saleem

+1(844) 668-7589
$ 4,114,286
Est. payment /mo
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Active

36070 Emerald Coast Pkwy FL 32541

10,274 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,274 sqft

Price per Sqft $400

MLS Listing ID B26044362

HOA Y/N Yes

Year Built 2003

Annual Tax Amount $17,135

Tax Year 2025

Lot Size 0.570 Acres

Acres 0.57

Property Sub-Type Retail

Property Description

PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $3M+ per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.

Location

State FL

County Okaloosa

Area 5940 Florida Other

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Utilities Available Electricity Available, Water Available

Roof Type Concrete

Street Surface Paved

Total Parking Spaces 13

Private Pool Yes

Building

Lot Description <1 Acre

Story 2

Sewer Public Sewer, Private Sewer, Treatment Plant

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 002s22238000000090

Ownership Assets Only

Security Features Fire Alarm,Smoke Detector(s),Security Lights,Fire Sprinkler System

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(k), FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(k), FHA

Special Listing Condition Real Estate Owned

Virtual Tour https://www.propertypanorama.com/36070-Emerald-Coast-Parkway-Destin-FL/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Levy Realty Advisors LLC
Tariq Saleem

Tariq Saleem

Broker | BK3071788

+1(844) 668-7589

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