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    34761 Emerald Coast Parkway Destin, FL 32541

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $32 SF/Yr ($5,306 /Mo)

    Prime Destin retail space, 1990 sq ft, NNN lease.

    Lot size:
    1,990 SF

    Description

    Added:
    Mar 6, 2025
    Days on Market:
    307
    This exceptional 1,990-square-foot retail or restaurant space is available for lease in Suite B of a thriving multi-tenant strip center located on Highway 98 in Destin, Florida, zip code 32541. Boasting excellent visibility and accessibility, this property benefits from high traffic volume exceeding 55,000 vehicles daily. The center enjoys a prime location within Destin's main retail corridor, surrounded by established national retailers and restaurants. Strong co-tenancy includes Sleep Number and Curaleaf, enhancing the property's appeal and drawing significant foot traffic. The strategic location offers easy access to Plantation Commons shopping center, home to major retailers such as Fresh Market, Home Depot, Marshalls, and HomeGoods, further solidifying its position in a high-demand retail area. The property's proximity to the premier residential golf community, Kelly Plantation, provides a substantial and affluent customer base. The lease is a NNN (Net, Net, Net) type, with an annual rate of $32 per square foot. The space is ideal for a variety of retail or restaurant concepts seeking a high-visibility location in a bustling Destin commercial area. This is a rare opportunity to secure a prominent space in a thriving retail environment.

    Property Features for 34761 Emerald Coast Parkway

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,990 SF
    USF (Usable sq. ft)
    1,990 SF
    Elevators
    N/A
    Total Rate
    5306.67

    Building Details

    Year Built
    2016
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Destin location on Highway 98, boasting over 55,000 daily vehicle counts.
    • 1,990 sq ft retail/restaurant space available in a multi‑tenant center with strong national co‑tenants.
    • Excellent visibility and access, situated near major retailers and a thriving residential community.
    Location Intelligence

    Current Use by Public Records

    Sleep Number Mattress Store Mr. & Mrs. Scotches ... Restaurant Scotches Bar & Grill Restaurant Scotches Restaurant & Bar Restaurant Mr. & Mrs. Scotches Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    State
    Florida
    Longitude
    -86.435954
    Latitude
    30.387938

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    FAQs

    What type of property is this?
    Other retail property - Prime Destin retail space, 1990 sq ft, NNN lease.
    Where is this other retail property located?
    The property is located at 34761 Emerald Coast Parkway Destin, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Prime Destin location on Highway 98, boasting over 55,000 daily vehicle counts.; 1,990 sq ft retail/restaurant space available in a multi-tenant center with strong national co-tenants.; Excellent visibility and access, situated near major retailers and a thriving residential community.
    (850) 477-7044
    Request Owner's contact information
    34761 Emerald Coast Parkway 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
    34761 Emerald Coast Parkway Destin, FL 32541
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