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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 Freeport, FL Niceville, FL Valparaiso, FL Mary Esther, FL Santa Rosa Beach, FL
    Refreshed Second-Floor Office Units
    Updated: May 22
    Refreshed Second-Floor Office Units

    3997 Commons Drive, Destin, FL 32541

    $525,000
    2.64 AC lot
    2,400 SF combined office configuration comprising Units M and N
    Vacant space refreshed with new paint throughout
    Seven private office rooms, several with closets
    Large reception and waiting area with glass window and two workstation areas
    18'5" x 10'3" conference room plus locked storage room
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    Destin Medical/Professional Office Building
    Updated: Feb 25, 2025
    Destin Medical/Professional Office Building

    4635 Gulfstarr Drive, Destin, FL 32541

    $3,500,900
    15,000 sqft 1.10 AC lot
    Fully leased Class A medical/professional office building generating $347,884 annual income.
    High visibility corner location with traffic light access and a large marquee sign on Hwy 98 (60,000+ vehicles daily).
    6.4% CAP rate based on estimated 2025 NOI of $224,000.
    Prime location less than a mile from Destin Commons, Whole Foods, restaurants, and other businesses.
    15,000+ SF of Class A office space with high‑quality finishes and architectural appeal.**
    View details
    See what stands out in Okaloosa County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 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

    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
    Class-A Office/Medical Space Available
    Class-A Office/Medical Space Available

    6757 Us Highway 98 W, Santa Rosa Beach, FL 32459

    Contact for pricing
    2,259 sqft

    Prime office/medical space in Santa Rosa Beach, Florida.

    View details
    Medical Office with Street Frontage
    Medical Office with Street Frontage

    50 Eglin Pkwy, Fort Walton Beach, FL 32548

    $1,300,000
    0.68 AC lot

    Existing optometry practice in a freestanding commercial building with prominent roadway exposure and established nearby food-service activity.

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    Class A Office Building with Elevator
    Class A Office Building with Elevator

    2930 W Co Hwy 30A, Santa Rosa Beach, FL 32459

    $11,500,000
    1.67 AC lot

    Fully leased commercial office asset with a seven-year master lease and rooftop outdoor amenity.

    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

    Estimated value:
    $560,000
    19,723 sqft 4.61 AC lot
    View details
    4485 Furling Ln
    MEDICAL CLINIC

    4485 Furling Ln, Destin, FL 32541-5331

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

    Destin, FL Medical Office Space Market Trends and Statistics

    Explore 4 medical office space for sale in Destin, FL on our real estate platform. These investment opportunities span a total of 15,000 square feet of properties for sale, with an estimated market value of $4,025,900.

    Sale prices for medical spaces in Destin, FL start at $525,000, averaging $2,012,950, and reaching up to $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 61
    Office buildings 14
    Coworking space 4
    Medical Office Space 2

    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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    Featured Destin Real Estate Agencies

    Realmo connects you with licensed Destin CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Somers &Company
    36164 Emerald Coast Parkway, Suite 8 Destin, FL 32541
    Phone: 18506547777
    www.somerscompany.com
    Keller Williams Realty Emerald Coast
    36008 Emerald Coast, 201 Destin, FL 32541
    Phone: 18506542900

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