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Office Suite with Reception Area
For Lease
$1,405/Mo

151 Regions Way #5D, Destin, FL 32541

A three-office configuration includes a private bathroom and a break room with kitchen space.

Space Size625 SF
Days on Market931

Property Features for 151 Regions Way #5D

General Information

Standard status Active
Size 625 SF
Net Rentable 625 SF

Space & Availability

Available Space 625 SF
Contiguous Space 625 SF
Space Use Office
Private Offices 3

Additional Details

Utilities Included in Rent unspecified utilities
Highway Access Yes

Amenities

reception area
break room/ kitchen area
dedicated marque sign

Building Details

Building Size 625 SF
Listing Agency: OxanaSol Real Estate
Listed By: Oxana Solovieva · License #3271180
Source: Emeraldgulfrealty
Added: Apr 7, 2024 Changed: Oct 23 Last Checked: Oct 23 at 5:49PM

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 OxanaSol Real Estate

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit offers 625 square feet with a reception area, three offices, one bathroom, and a break room with a kitchen area. The building faces Hwy 98 and provides a dedicated marquee sign and ample parking.

The property is across from Lowe's, Rooms-to-Go, and Whole Foods, with Mid-Bay Bridge, Crystal Beach, and Destin Commons Shopping Center nearby. Utilities and CAM are included in the lease rate.

Key Highlights

  • 625 sqft unit with reception, three offices, one bathroom, and a break room/kitchen area
  • Building faces Hwy 98 and has a dedicated marquee sign
  • Parking is available on site

Property Analytics

Current Use

Real Estate Agent ... Real Estate Agency Eye Center South Medical Clinic Anthony J. Leoncavallo, ... Ophthalmologist Berkshire Hathaway HomeServices ... Real Estate Agency Hana Hawkins Group ... Real Estate Agency

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,360
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

$21.4 /SF/Yr
Avg Asking Price
$1.72–$30.92 /SF/Yr
Price Range
15,097 SF
Avg Space Size

This space is priced 26% above the average of $21.4 /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

Frequently Asked Questions

What type of property is this?
Office unit - A three-office configuration includes a private bathroom and a break room with kitchen space.
Where is this office unit located?
The property is located at 151 Regions Way #5D Destin, FL.
What is the lease rate?
The lease rate is $1,405/Mo.
What are key features of this property?
This property features: 625 sqft unit with reception, three offices, one bathroom, and a break room/kitchen area; Building faces Hwy 98 and has a dedicated marquee sign; Parking is available on site
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