Search
Versatile Office Space for Rent
For Lease
$18 SF/Yr

135 Benning Drive, Destin, FL 32541

Adaptable office space with finished and unfinished areas.

Space SizeContact for details
Lot Size0.72 Acres
Days on Market611

Property Features for 135 Benning Drive

General Information

Standard status Active
Lot size 0.72 Acres
Property subtype Commercial

Building Details

Year Built 1993
Listing Agency: LIVIN RIGHT REAL ESTATE LLC
Listed By: MATTHEW N MCGEE · License #3227750
Source: Corcoran
Added: Dec 27, 2024 Changed: Aug 9 Last Checked: Aug 9 at 7:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIVIN RIGHT REAL ESTATE LLC

Investment Insights

Based on property information with market context.

This property offers flexible office space, allowing tenants to customize the unfinished portion to their specific needs. Approximately 2400+ sqft of the building is already finished as office space, while the remaining 2400+ sqft features a large, open, tall atrium and awaits completion. The finished space includes a parking lot on Azalea Drive. The unfinished space has a parking lot on Benning Drive. The property is zoned RESIDENTIAL, OFFICE INSTITUTIONAL - VILLAGE RESIDENTIAL (ROI-VR). For uses other than administrative offices, a conditional use application with the City is required. The total property size is 5284 sqft.

Key Highlights

  • Flexible space: 2400+ sqft of finished office space and 2400+ sqft of unfinished space for customization.
  • Large, open, tall atrium in the unfinished space.
  • Zoned RESIDENTIAL, OFFICE INSTITUTIONAL - VILLAGE RESIDENTIAL (ROI‑VR).

Property Analytics

Current Use

Euphoria Wellness Spa Spa & Massage Center Watertree Health Corporate Office

Suggested Use

Top Pick Dental Office Law Firm Barber Shop Catering Service Accounting Firm (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,290
Businesses Nearby

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

Market

Lease Benchmarks for Destin, FL

$22.38 /SF/Yr
Avg Asking Price
$8–$30.92 /SF/Yr
Price Range
14,743 SF
Avg Space Size

This space is priced 20% below the average of $22.38 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Adaptable office space with finished and unfinished areas.
Where is this office units located?
The property is located at 135 Benning Drive Destin, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Flexible space: 2400+ sqft of finished office space and 2400+ sqft of unfinished space for customization.; Large, open, tall atrium in the unfinished space.; Zoned RESIDENTIAL, OFFICE INSTITUTIONAL - VILLAGE RESIDENTIAL (ROI‑VR).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message