127 A& Destin, FL 32541
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
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.