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Mixed-Use Office and Retail Space
For Sale
$279,000

114 Palmetto Street, Destin, FL 32541

Commercial for Sale, Destin, FL

Property SizeContact for details
Days on Market3054

Property Features for 114 Palmetto Street

General Information

Property type Commercial Sale
Property subtype Other
Directions North on Palmetto Street one block. Palmetto Place is on the right before the four-way stop at Mountain Drive, and Unit 8 is in the corner.
Subdivision 14 - Destin
Standard status Active
APN 00-2S-22-4015-0000-0080

Taxes and HOA fees

Tax Description Palmetto Place Lot 8
Legal Description Palmetto Place Lot 8
Listing Agency: Real Estate Professionals of Destin Inc
Listed By: Mary Anne Windes · License #583540
Added: May 4, 2018 Changed: Sep 11 Last Checked: Sep 12 at 10:06PM
MLS# 798366

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial suite is configured for office or retail use within an office park. The interior includes a reception area, waiting area, three large offices, a kitchen, storage room, and a bathroom with a shower.

Positioned within the complex rather than along its retail-facing edge, the space benefits from separation from the retail areas while remaining part of a commercial property with reported traffic. The property is located in Destin, Florida.

Key Highlights

  • Office or retail configuration within a mixed‑use office park
  • Three large offices plus reception and waiting areas
  • Kitchen, storage room, and bathroom with a shower

Property Analytics

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Current Use

RefrAmerica LLC Big Box & Wholesale Store Too Blonde Salon Hair Salon Mclendon Builders Construction Company Phil Houston Appraisal Real Estate Agency Fastest Labs of Destin Drug Testing Service

Suggested Use

Top Pick Auto Parts Store Pharmacy Dental Office Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,149
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Hotels & Casinos 10% Home Improvements & Furnishings 2% Shops & Services 1%
Whataburger Dining
21,055 visits/mo 0.1 miles
Inn on Destin Harbor, Ascend Hotel Collection Hotels & Casinos
1,397 visits/mo 0.4 miles
Motel 6 Hotels & Casinos
1,101 visits/mo 0.5 miles
Moe's Original Bar B Que Dining
790 visits/mo 0.2 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
627 visits/mo 0.2 miles

Demographics for 32541, FL

18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Interior commercial suite with reception, waiting area, private offices, kitchen, storage, and a full bathroom.
Where is this mixed-use property located?
The property is located at 114 Palmetto Street Destin, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Office or retail configuration within a mixed‑use office park; Three large offices plus reception and waiting areas; Kitchen, storage room, and bathroom with a shower
More about this property
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