543 Hbr Blvd Unit Destin, FL 32541
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.
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Championship Title Agency, LLC Title Company
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Pace PC Solutions Computer & Electronic Repair
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Sokolove Law LLC, Bruce Haught Law Firm
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Okaloosa County Divorce and Family Law Attorney Law Firm
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Robert A. Dees, PA Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.