35000 Emerald Coast PkwyDestin, FL 32541

  • Other commercial real estate
  • 10,671 SF
For Sale
$3,495,000 View listing

Property Details for 35000 Emerald Coast Pkwy

Year built
1988
Construction
FRAME
Lot size
1.06 AC
Property size (Sq ft)
10,671 SF
Property type
Other commercial real estate
APN
00-2S-22-0000-0001-039A
APU
002S2200000001039A

Description

This exceptional commercial property, situated on a 1.06-acre lot at the corner of US Highway 98 and Crystal Beach Drive in Destin, Florida, presents a unique investment opportunity. Boasting 188 feet of frontage on the bustling Emerald Coast Parkway, this two-story building offers unparalleled visibility and accessibility. Previously used as a real estate and rental office, the versatile space is ready for immediate occupancy or redevelopment. The interior features a welcoming reception area, multiple private offices, break rooms, and restrooms on both the first and second floors, providing ample space for a variety of businesses. The property also includes a substantial parking area, ensuring convenient access for employees and clients. Its strategic location offers easy access to the Mid-Bay Bridge, a wide array of shopping and dining establishments, and the Destin private airport, making it an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The property's size and location make it suitable for a range of commercial uses, presenting significant potential for growth and return on investment. This is a rare opportunity to acquire a prime commercial property in the heart of Destin's thriving business district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,654,224
    Hospitality
    $1,515,261
    Educational
    $1,260,679
    Medical
    $1,304,036
    Retail
    $1,961,056
35000 Emerald Coast Pkwy, Destin, Florida

Location Insight

City
Destin
County
Okaloosa
State
Florida
Latitude
30.389
Longitude
-86.4214
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,102
$1,406,475
$575,995
$1,982,470
-
$1,406,475
$575,995
$1,982,470

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