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Renovated Mixed-Use Building
For Sale
$4,495,000

220 Harbor Boulevard, Destin, FL 32541

Commercial for Sale, Destin, FL

Property SizeContact for details
Days on Market1780

Property Features for 220 Harbor Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning SHMU
Directions MapQuest: 220 Harbor Boulevard, Destin, FL 32541
Subdivision 14 - Destin
Standard status Active
APN 00-2S-22-0636-0000-0100

Taxes and HOA fees

Tax Description Lots 1 to 10, Destin Renaissance
Legal Description Lots 1 to 10, Destin Renaissance

Amenities

balconies
Listing Agency: Somers & Company
Listed By: John Paul Somers · License #3210089
Added: Oct 29, 2021 Changed: Sep 11 Last Checked: Sep 12 at 8:06PM
MLS# 884792

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.

The property consists of 10 retail storefronts of approximately 600 SF each and 10 two-story apartments measuring approximately 1,400 SF apiece. Each residence includes 2 bedrooms, 2.5 baths, and front and rear balconies. The building has been renovated, and every commercial-residential pairing provides independent access for the two uses. Across the 10 separate deeds, the property can accommodate up to 20 different tenants.

The site covers nearly 1 acre with approximately 220 feet of frontage along Highway 98, also known as Harbor Boulevard. On-site parking totals 56 spaces. A large public parking lot sits across Harbor Boulevard, with a pedestrian crossing connecting it to the retail frontage. The property is located within the City of Destin’s South Harbor Mixed Use district, designated SHMU.

Key Highlights

  • 10 retail storefronts, each measuring +/-600 SF
  • 10 two‑story apartments, each measuring +/-1,400 SF with 2 bedrooms and 2.5 baths
  • Nearly 1‑acre site with approximately 220' of Highway 98 frontage

Property Analytics

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Current Use

The Sea Cow Grocery & Convenience Store Juicebox Charters LLC Boat Rental Service Spark Fitness Club Gym & Fitness Center

Suggested Use

Top Pick Auto Parts Store Dental Office Building Supply Pharmacy Law Firm Auto Repair Shop

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

10
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,421
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space is paired with upstairs residences, with separate access for each use.
Where is this mixed-use property located?
The property is located at 220 Harbor Boulevard Destin, FL.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: 10 retail storefronts, each measuring +/-600 SF; 10 two‑story apartments, each measuring +/-1,400 SF with 2 bedrooms and 2.5 baths; Nearly 1‑acre site with approximately 220' of Highway 98 frontage
More about this property
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