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Warehouse with Overhead Door
New
For Sale
$1,100,000

120 Palmetto Place, Destin, FL 32541

Commercial for Sale, Destin, FL

Property Size4,000 SF
Lot Size0.66 Acres
Price / SF$275
Days on Market2

Property Features for 120 Palmetto Place

General Information

Property type Commercial Sale
Property subtype Other
Directions From Hwy 98 in Destin, head north on Palmetto. 120 B Palmetto will be on your right.
Subdivision 14 - Destin
Standard status Active
APN 00-2S-22-2070-0000-0020
Lot size 0.66 Acres

Taxes and HOA fees

Tax Description 120 PALMETTO STREET LOT 2
Legal Description 120 PALMETTO STREET LOT 2
Listing Agency: Taylor Allen Properties LLC
Listed By: Chad Knaepple · License #3050854
Added: Oct 14 Last Checked: Oct 15 at 10:06AM
MLS# 1013730

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 warehouse in Destin contains 4,000 square feet and has a 25-foot clear span. A single 12-by-14-foot overhead door serves the building. The 0.66-acre parcel also includes a 40-foot shipping container and a new storage shed.

Key Highlights

  • 4,000‑square‑foot warehouse on 0.66 acres
  • 25‑foot clear span
  • One 12‑by‑14‑foot overhead door

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop Catering Service Pharmacy Dental Office

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

1,396
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Storage — Destin, FL 32541
  • Annex — 32541550, 309 Mountain Dr, Destin, FL 32541
  • Gilligan’s Boatyard & Trailer Storage — 531 Mountain Dr, Destin, FL 32541
  • D & J Dry Storage Inc — 11 Calhoun Ave, Destin, FL 32541
  • Azalea Drive Mini Storage Llc — 241 Azalea Dr, Destin, FL 32541

Frequently Asked Questions

What type of property is this?
Warehouse - A 40-foot shipping container and new storage shed are included with the property.
Where is this warehouse located?
The property is located at 120 Palmetto Place Destin, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,000‑square‑foot warehouse on 0.66 acres; 25‑foot clear span; One 12‑by‑14‑foot overhead door
More about this property
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