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Flex Space with Warehouse Mezzanine

4640 Gulfstarr Drive, Destin, FL 32541

For Lease
$18 SF/Yr

Office and warehouse areas are complemented by private offices, a conference room, and a kitchen and break area.

Space Size7,700 SF
Days on Market216

Property Features for 4640 Gulfstarr Drive

General Information

Standard status Active
Size 7,700 SF
Net Rentable 7,700 SF
Zoning COMMERCIAL

Space & Availability

Available Space 7,700 SF
Contiguous Space 7,700 SF

Warehouse & Industrial

Warehouse Space 5,300 SF
Office Build-Out 2,400 SF

Building Details

Building Size 7,700 SF
Year Built 2000
Listing Agency: Taylor Allen Properties LLC
Listed By: Chad Knaepple · License FL #3050854
Source: Emeraldgulfrealty
Added: Apr 10 Changed: Nov 7 Last Checked: Nov 10 at 2:44PM

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 LLC

Rey
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Investment Insights

Based on property information with market context.

This 7,700-square-foot flex property in Destin, Florida, combines 2,400 square feet of office space with 5,300 square feet of warehouse area and a mezzanine. The office layout includes six private offices, a conference room, an open work area, and a kitchen and break room. Warehouse features include 18-foot eave heights and a 20-by-16-foot overhead door. Built in 2000, the property is available for lease.

Key Highlights

  • 7,700 SF total, with 2,400 SF of office and 5,300 SF of warehouse space
  • Six private offices, a conference room, open work area, and kitchen/break room
  • Warehouse includes a mezzanine and 18‑foot eave heights

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Active Marketing Industrial Manufacturer Villages of Crystal Beach ... Security Service Caribe HOA Association / Organization

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Big Box & Wholesale Store Storage Facility Garden 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

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

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby
Under-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

Lease Benchmarks for Destin, FL

$14.2 /SF/Yr
Avg Asking Price
$11.49–$18 /SF/Yr
Price Range
9,717 SF
Avg Space Size

This space is priced 27% above the average of $14.2 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Okaloosa County, FL

$13.18 Jul
$12.43 Aug
$27.62 Sep
$18.03 Oct

Properties on Market for Flex space in Okaloosa County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Hammock Cove of Destin — 125 crystal beach dr unit 103, destin, fl 32541

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas are complemented by private offices, a conference room, and a kitchen and break area.
Where is this flex space located?
The property is located at 4640 Gulfstarr 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: 7,700 SF total, with 2,400 SF of office and 5,300 SF of warehouse space; Six private offices, a conference room, open work area, and kitchen/break room; Warehouse includes a mezzanine and 18‑foot eave heights
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