Destin, FL 32541,14,500 SF Mixed Use Income Property
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Destin, FL 32541,14,500 SF Mixed Use Income Property
Destin, FL 32541,14,500 SF Mixed Use Income Property
Destin, FL 32541,14,500 SF Mixed Use Income Property
Destin, FL 32541,14,500 SF Mixed Use Income Property

$2,227,500

Est. payment /mo

$2,500,000

10.9%
Est.Price: ?

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14, 500 SF Mixed Use Income Property Destin, FL 32541

14,500 SqFt

SOLD DATE : 12/04/2024

Key Details

Sold Price $2,227,500

Property Type Single Family Home

Sub Type Other (See Remarks)

Listing Status Sold

Purchase Type For Sale

Square Footage 14,500 sqft

Price per Sqft $153

MLS Listing ID 937982

Sold Date 12/04/24

Year Built 1986

Lot Size 0.720 Acres

Acres 0.72

Property Description

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.

Location

State FL

County Okaloosa

Area 14 - Destin

Zoning TC Mixed Use

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Listed by Taylor Allen Properties LLC
Bought with Compass

Jen Daniels

Advisor

+1(253) 686-1036

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