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    127 A& Destin, FL 32541

    For Sale
    $389,000

    High-Visibility Harbor District Property

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial investment opportunity is located at 127 Harbor Boulevard, Unit STE 2A, Destin, FL, a prime corner location at the intersection of Highway 98 and Palmetto Street. The property consists of two 800-square-foot commercial spaces, offering excellent visibility from the heavily trafficked Highway 98 (Harbor Boulevard). Its location within the Destin Harbor District places it directly across the street from AJ's Seafood and Oyster Bar, ensuring high foot and vehicle traffic. Currently generating a gross annual rental income of $41,406, the property presents a strong cash flow potential. One unit is leased month-to-month, while the other has a lease expiring in March 2025

    Property Features for 127 A&

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Destin
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.50808
    Latitude
    30.39503

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Harbor District Property
    Where is this commercial real estate located?
    The property is located at 127 A& Destin, FL.
    What is the asking price?
    The asking price for this property is $389,000.
    (850) 837-9900
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    127 A& Destin, FL 32541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 A& Destin, FL 32541
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