For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Harbor Blvd Commercial Office Buildings Title is generated by Realmo AI

    725 Harbor Blvd, Destin, FL

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two office buildings on 0.46 acres with parking.

    Type:OFFICE
    Property size:
    5,258 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $209/SF
    Added:
    Nov 25, 2025
    Days on Market:
    225
    Last Refresh:
    Jun 28 at 9:46 pm

    Property Features for 725 Harbor Blvd

    General Information

    Standard status
    Active
    Size
    5,258 SF
    Lot size
    0.46 Acres
    Property subtype
    OFFICE

    We can help!

    Contact an agent
    J. David Hays
    J. David Hays

    Listing office RE/MAX Coastal Properties

    Listing date Nov 25, 2025

    Source Moodyscre

    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 RE/MAX Coastal Properties

    HighLights

    • Highly desirable commercial location on Harbor Blvd, Destin, Florida.
    • Two office buildings on a .46 acre lot.
    • Building 725 has two floors (approx. 3202 SF) and Building 727 is a single level (approx. 2056 SF).
    • Front and rear parking available.
    • Convenient driveway access opening to Harbor Blvd.
    • Proximity to the Harbor, Bay, Publix (5 blocks), and HarborWalk (7 blocks).

    Overview

    This commercial property is located on Harbor Blvd in Destin, Florida, and comprises 0.46 acres. It features two office buildings with front and rear parking. Building 725 has two floors totaling approximately 3202 square feet, while building 727 is a single-level structure with approximately 2056 square feet. A driveway provides access to the property from Harbor Blvd, offering convenient parking for the office buildings. The property is situated near the Harbor and Bay. A 61,000 square foot Publix grocery store is located less than five blocks east of the property. The main entrance to Destin’s HarborWalk is approximately seven blocks to the west, positioning the property to benefit from both foot and automobile traffic.

    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 $110.4k $21.00
    − Vacancy −$22.1k −$4.20
    EGI $88.3k $16.80
    − OpEx −$22.1k −$4.20
    NOI $66.3k $12.60
    5,258 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $946.4K
    $828.1K – $1.10M (±1% cap)
    NOI $66,251 @ 7.0% cap · market cap 6.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.32M
    $1.16M – $1.54M (±1% cap)
    NOI $92,562 @ 7.0% cap · market cap 8.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Homestar Financial Corporation Loan Service Ed and Terri Smith ... Real Estate Agency The Chris Carter Team Real Estate Agency Martineau Karen Real Estate Agency Lyndon E. Clifton, ... Real Estate Agency

    Suggested Use

    Dental Office Auto Parts Store Parking Lot & Garage Barber Shop Building Supply Accounting Firm (Bike/Boat/Book/etc) Store Clothing & Fashion Store Storage Facility Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    County
    Walton
    State
    Florida
    Longitude
    -86.4883
    Latitude
    30.391

    FAQs

    What type of property is this?
    Office building - Two office buildings on 0.46 acres with parking.
    Where is this office building located?
    The property is located at 725 Harbor Blvd 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: Highly desirable commercial location on Harbor Blvd, Destin, Florida.; Two office buildings on a .46 acre lot.; Building 725 has two floors (approx. 3202 SF) and Building 727 is a single level (approx. 2056 SF).
    (850) 714-4499 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message