543 Harbor BlvdDestin, FL 32541

Property Details for 543 Harbor Blvd

Lot size

0.57 AC

Property size (Sq ft)

6,095 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

00-2S-22-0630-0000-0310

APU

002S22063000000310

Description

This exceptional executive office suite, located at 543 Harbor Boulevard, Suite 101, Destin, Florida 32541, presents a fantastic investment opportunity. Priced at $217,000, this first-floor unit boasts a thoughtfully designed layout perfect for a variety of professional uses. The suite includes a welcoming lobby/waiting area, ideal for client interaction, a dedicated copier/break area for employee convenience, and two private offices providing ample space for individual work or focused team projects. Additional space is available to accommodate a conference table for collaborative meetings, a shared workspace, or a designated filing and cubicle area, offering flexibility to suit specific business needs. The property is currently leased until January 3rd, 2023, providing immediate income potential for the new owner. While currently leased, showings are available. Note that monthly association dues are applicable. This property is situated in Okaloosa County, offering easy access to Destin's vibrant business community and amenities. The precise geographic coordinates are 30.3926156 latitude and -86.4963549 longitude. This is a retail and office property classified as an executive office suite. This presents a unique chance to acquire a well-located, income-producing asset in a desirable Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,213,447

  6.5%

  $1,120,105

  7%

  $1,040,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,039,554

  Geo Method

  $1,091,900

• Alternative Use

  Use

  Valuation

  Residential

  $944,850

  Hospitality

  $865,478

  Educational

  $720,067

  Medical

  $744,832

  Retail

  $1,120,105

Location Insight

City

Destin

County

Okaloosa

State

Florida

Latitude

30.3929

Longitude

-86.4963

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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