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Property profile & analytics
OFF-MARKET
Commercial real estate

543 Hbr Blvd Unit Destin, FL 32541

0.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,550 square foot office unit situated on the second floor of the Pier 98 building at 543 Harbor Boulevard, Unit STE 204, Destin, FL. The property sits on a 0.58-acre lot and is currently occupied by a thriving engineering firm under a lease with approximately 18 months remaining, including a three-year renewal option. This provides immediate and stable cash flow for investors seeking a proven, income-generating asset. The functional layout includes a dedicated reception area, multiple private offices (some modular), a spacious corner office suitable for small conferences, a restroom, a convenient coffee/storage area, and an open collaborative workspace. The unit's design caters to a variety of business needs, offering both private and shared workspaces. The property is priced at $387,500, presenting a compelling opportunity for both investors seeking passive income and owner-occupiers planning for a future move-in date of March 2026. This prime Destin location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. The existing lease provides a strong foundation for immediate return on investment, while the future owner-occupancy potential adds significant long-term value.

Property profile
Verified
Property type Commercial real estate
Lot 0.58 ac (25,265 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Championship Title Agency, LLC Title Company
  • Pace PC Solutions Computer & Electronic Repair
  • Sokolove Law LLC, Bruce Haught Law Firm
  • Okaloosa County Divorce and Family Law Attorney Law Firm
  • Robert A. Dees, PA Law Firm
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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