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    Destin, FL
    Medical Premises

    Destin, FL Medical Office Space for Sale

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    Miramar Beach, FL Shalimar, FL Fort Walton Beach, FL Niceville, FL Valparaiso, FL Freeport, FL Mary Esther, FL Santa Rosa Beach, FL
    Destin Class A Office Building
    Updated: Feb 26, 2025
    Destin Class A Office Building

    4635 Gulfstarr Drive, Destin, FL 32541

    $3,500,900
    15,000 sqft 1.10 AC lot
    6.3% CAP Rate on a Fully Leased Class A Medical/Professional Office Building
    Generates $347,884 Annual Income
    Prime Corner Location with High Visibility and Easy Accessibility via Traffic Light
    15,000+ SF of Class A Office Space with High‑Quality Finishes
    Located in the Heart of Destin, Less Than a Mile from Destin Commons and Whole Foods
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    This listing looks promising.

    Here's a quick look at some key insights for

    4635 Gulfstarr Drive, Destin, FL 32541

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $203K
      Annual

    • Price @ 7% Cap

      $2.9M
      Suggested

    • Last Sold

      Dec 2003
      $667K

    • Property Type

      Office Building
      Built 2005
    View Property Analytics
    Medical Office Suite in Landmark Building
    Updated: Apr 12
    Medical Office Suite in Landmark Building

    385 Harbor Boulevard 1, Destin, FL 32541

    Contact for pricing
    5,911 sqft
    First‑floor space in the Mae Center Building on Harbor Blvd in Destin
    Includes three separate first‑floor spaces: 1,880 SF leased restaurant space, 550 SF leased Affinity Therapy, and 3,481 SF available
    3,481 SF suite was a prior dental office and is described as an excellent medical office suite
    Recently renovated stately building with three income‑producing first‑floor spaces
    Daily traffic on Harbor Boulevard is listed as 43,000 vehicles per day (buyer to verify)
    View details
    Second-Floor Shell Suite with Amenities
    Second-Floor Shell Suite with Amenities

    4495 Furling Lane Unit 280, Destin, FL 32541

    Contact for pricing

    Second-floor shell suite with grease trap and plumbing, accessed via front stairs or rear elevator.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Commercial Building For Sale
    Prime Commercial Building For Sale

    50 Eglin Pkwy, Fort Walton Beach, FL 32548

    $1,300,000
    2,776 sqft 0.68 AC lot

    2,776 SF building on 0.68 acres near Gulf.

    View details
    Second-Floor Office Suite
    Second-Floor Office Suite

    139 Beal Parkway Unit 204, Fort Walton Beach, FL 32548

    $99,000
    800 sqft

    Second-floor office suite with a private office and restroom, newly carpeted, in a professional building with quarterly CAM.

    View details
    Class-A Medical Office Suites Campus
    Class-A Medical Office Suites Campus

    00 State Highway 20 W, Freeport, FL 32439

    $395,000

    Five-building campus offers elevator-served suites delivered as a “cool white box,” with 102 parking spaces for medical-ready offices.

    View details
    Class A Office Building Suites
    Class A Office Building Suites

    67 Joe Campbell Road, Freeport, FL 32439

    Contact for pricing
    13,900 sqft 1.95 AC lot

    New Class A office suites offer private restrooms, 12-foot ceilings, and secure shared access for professional and light medical use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Site Front Beach
    Prime Commercial Site Front Beach

    8600 Front Beach Road, Panama City Beach, FL 32407

    $549,000
    11,805 sqft 0.27 AC lot

    Exceptional visibility, flexible zoning, ideal for office or medical development.

    View details
    Zoned Mixed-Use Land Parcel
    Zoned Mixed-Use Land Parcel

    10200 BLK Hwy 97, Walnut Hill, FL 32568

    $119,500
    4.45 AC lot

    Zoned RMU commercial land offering residential development potential with allowance for limited small retail and services.

    View details
    Bainbridge Commercial Land For Sale
    Bainbridge Commercial Land For Sale

    Wheat Ave., Bainbridge, GA 39819

    $150,000
    0.52 AC lot

    Commercial land in Bainbridge's hospital district, ideal building site.

    View details
    East Montgomery Commercial Lot
    East Montgomery Commercial Lot

    1740 Ray Thorington Road, Montgomery, AL 36117

    $300,000
    2.25 AC lot

    2.25 acre commercial lot in East Montgomery.

    View details

    Off-Market Properties in Destin, FL

    Consider similar Off-Market properties in Destin, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    36500 Emerald Coast Pkwy
    MEDICAL CLINIC

    36500 Emerald Coast Pkwy, Destin, FL 32541-4713

    $1,990,000
    Estimated value
    19,723 sqft 4.61 AC lot
    View details
    4485 Furling Ln
    MEDICAL CLINIC

    4485 Furling Ln, Destin, FL 32541-5331

    $2,000,000
    Estimated value
    19,420 sqft 1.63 AC lot
    View details

    Destin, FL Medical Office Space Market Trends and Statistics

    Explore 5 medical office space for sale in Destin, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,911 square feet of properties for sale, with an estimated market value of $3,500,900.

    Sale prices for medical spaces in Destin, FL average $3,500,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 62
    Office buildings 19
    Coworking space 4
    Medical Office Space 4

    Demographics Overview

    Population 27K
    Population Growth (5Y) -2.5%
    Median Household Income $94,001
    College Educated 46.2%

    High-Yield Neighborhoods for Investment

    Identify Destin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32541 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $12.52 per SF
    Tax Rate vs County Average 0.16 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Okaloosa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Okaloosa County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Destin fall within the 10,000 to 25,000 square foot range.

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