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    4608 Opa Locka Ln Destin, FL 32541

    Source: https://www.saltercompany.com
    For Sale
    $3,200,000

    Class A, three-story office building; excellent visibility.

    Property size:
    11,340 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    306
    This exceptional three-story Class A office building, encompassing 11,340 square feet, is strategically located on Emerald Coast Parkway in Destin, Florida, 32541. Situated on a 0.701-acre lot, this property presents a compelling opportunity for owner-users or investors. The building features three units, with the first floor currently leased. The second and third floors are vacant and available for lease, offering immediate income potential or the flexibility to occupy the entire space. The building's prime location ensures high visibility and accessibility, making it an ideal choice for a variety of businesses. The property's size and layout provide ample space for expansion or customization to meet specific business needs. This is a rare opportunity to acquire a well-maintained, high-quality office building in a thriving coastal market. The asking price is $3,200,000. Serious inquiries only.

    Property Features for 4608 Opa Locka Ln

    General Information

    Property type
    Residential offices
    Square Feet
    11,340 SF
    Price / Square Foot
    $282
    Elevators
    N/A
    Net Rentable
    11,340 SF
    Lot Size
    30,536 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    3
    Units
    3

    HighLights

    • Class A three‑story office building in Destin, FL.
    • 11,340 square feet on a 0.71‑acre lot with great visibility.
    • First floor leased; second and third floors vacant and available for lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential offices

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    State
    Florida
    Longitude
    -86.400918
    Latitude
    30.386677

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    FAQs

    What type of property is this?
    Residential office - Class A, three-story office building; excellent visibility.
    Where is this residential office located?
    The property is located at 4608 Opa Locka Ln Destin, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Class A three-story office building in Destin, FL.; 11,340 square feet on a 0.71-acre lot with great visibility.; First floor leased; second and third floors vacant and available for lease.
    (850) 564-0120
    Request Owner's contact information
    4608 Opa Locka Ln 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
    4608 Opa Locka Ln Destin, FL 32541
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