For Sale
$1,095,000

115 Palmetto StDestin, FL 32541

Prime Destin Retail, 3600 SF, $1.095M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail property, located at 115 Palmetto St in Destin, Florida (zip code 32541), presents a unique investment opportunity. The 3,600 square foot building sits on a 0.34-acre lot and is ideally situated in the sought-after North Harbor District, just off Highway 98. Boasting a high traffic count of 40,000 vehicles daily at the Palmetto St/Highway 98 intersection, with a median cut providing convenient access from both directions, this location offers unparalleled visibility and accessibility. The property features existing bar and kitchen infrastructure, ready for immediate use by a new owner. While a portion of the interior sustained storm damage, the roof was completely replaced in 2021. This property has been under the same ownership for almost 40 years, making this a rare chance to acquire a value-add building in a prime Destin location. Okaloosa County records show the property's address as 115 Palmetto St, Destin, FL 32541. Showings begin the week of March 4, 2024. The asking price is $1,095,000.

Highlights

  • Exceptional 3,600 SF retail building on a 0.34-acre lot in Destin, FL (32541).
  • High-traffic location (40,000 VPD) at Palmetto St/Highway 98 intersection with convenient access.
  • Existing bar and kitchen infrastructure; roof replaced in 2021.
  • Prime North Harbor District location; under same ownership for nearly 40 years.
  • Asking price: $1,095,000; showings begin March 4, 2024.

Property Details for 115 Palmetto St

Property type
Retail properties
Square Feet
3,600 SF
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Destin
County
Okaloosa
State
Florida
Latitude
30.3957934
Longitude
-86.5078266
115 Palmetto St, Destin, Florida

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115 Palmetto St
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