150 Azalea Dr Unit Destin, FL 32541
This exceptional 799,000 USD commercial property, situated at 150 Azalea Drive Unit Ste. A in Destin, Florida, presents a unique opportunity for businesses seeking a move-in ready office space. Located on the ground floor of a well-maintained building, this meticulously designed suite boasts a sophisticated interior. The current tenant, a local engineering firm, is vacating upon sale, leaving behind a high-quality build-out ready for immediate occupancy. Features include beautiful flooring, impressive 12-foot ceilings, and elegant trim work throughout. The space is thoughtfully configured with a spacious reception area, multiple executive offices, ample workspace to accommodate a team, a substantial 12-person conference table, and four restrooms – one conveniently equipped with a shower. Additional storage, a fully functional kitchen, and a private outdoor patio area enhance the functionality and appeal of this property. The seller is generously offering a significant portion of the existing furniture, minimizing the transition costs for the new owner. The building is part of a homeowner's association responsible for maintaining the exterior common areas, with quarterly dues set at 300 USD. This prime west Destin location offers easy access to local amenities and provides a professional image for any business. This is a rare opportunity to acquire a turnkey commercial space in a highly desirable area.
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Neptone Recording Studio Recording Studio
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BE-CI Destin Building Consultant
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RCI Northern Gulf Coast Chapter Charitable Organization Social Service Agency
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Sound Production Inc Professional Services
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Signs Scene LLC (Bike/Boat/Book/etc) Store Printing Service
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.