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    Destin Office with Warehouse Building Title is generated by Realmo AI

    185 Stahlman Ave, Destin, FL 32541

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    Office with warehouse building for sale in Destin, Florida.

    Type:Industrial, Office
    Property size:
    4,060 SF
    Price / SF:
    $246/SF
    Added:
    Mar 23, 2026
    Days on Market:
    98
    Last Refresh:
    Mar 25 at 8:46 am

    Property Features for 185 Stahlman Ave

    General Information

    Standard status
    Active
    Size
    4,060 SF
    Property subtype
    Industrial, Office

    Building Details

    Year Built
    1998

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    Chris Wooten
    Chris Wooten

    Listing office Taylor Allen Properties

    Listing date Mar 23, 2026

    Source Crexi

    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 Taylor Allen Properties

    HighLights

    • Office with warehouse building
    • Located in Destin, Florida
    • For sale
    • Built in 1998

    Overview

    A 4,060 square foot building in Destin, Florida is available for sale. The property is suitable for commercial real estate, including flex space, industrial purposes, warehousing, and office use.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $85.3k $21.00
    − Vacancy −$17.1k −$4.20
    EGI $68.2k $16.80
    − OpEx −$17.1k −$4.20
    NOI $51.2k $12.60
    4,060 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $730.8K
    $639.5K – $852.6K (±1% cap)
    NOI $51,156 @ 7.0% cap · market cap 5.12%
    Second Best
    Flex RnD
    $541.1K
    $473.4K – $631.3K (±1% cap)
    NOI $37,875 @ 7.0% cap · market cap 3.79%
    Theoretical Best
    Office A
    $1.02M
    $893.4K – $1.19M (±1% cap)
    NOI $71,472 @ 7.0% cap · market cap 7.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Black Box Network ... Telecommunications Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store 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
    County
    Walton
    State
    Florida
    Longitude
    -86.5072517
    Latitude
    30.3982237

    FAQs

    What type of property is this?
    Flex space - Office with warehouse building for sale in Destin, Florida.
    Where is this flex space located?
    The property is located at 185 Stahlman Ave Destin, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Office with warehouse building; Located in Destin, Florida; For sale
    More about this property
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