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    3,600 SF Retail For Sale 115 Palmetto St
    Updated: Feb 10, 2025
    3,600 SF Retail For Sale 115 Palmetto St

    15 Palmetto St, Destin, FL 32541

    $1,095,000
    4,021 sqft
    View details
    Starbucks NNN Lease Investment Opportunity
    Updated: Aug 13, 2025
    Starbucks NNN Lease Investment Opportunity

    100 S Mattie M Kelly Blvd, Destin, FL

    Contact for pricing
    2,500 sqft 1.77 AC lot
    Corporate lease with Starbucks Corporation as tenant.
    Brand new 10 year lease term, opened 2023.
    Located on the corner intersection of US Hwy 98 & Mattie M Kelly Blvd.
    10% Rent Increase in year 5.
    Six 5‑Yr. Options with 10% increase in each option period.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 2 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 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.

    High-Traffic Commercial Space Available
    High-Traffic Commercial Space Available

    220 Eglin Parkway NE, Fort Walton Beach, FL 32547

    Contact for pricing
    8,450 sqft

    Prime commercial property with high visibility and ample parking.

    View details
    1,427 SF 30A Seagrove High Traffic Commercial Store For Sale
    1,427 SF 30A Seagrove High Traffic Commercial Store For Sale

    43 Cassine Way, Santa Rosa Beach, FL 32459

    $1,075,000
    1,427 sqft 0.79 AC lot

    1,427 SF 30A Seagrove High Traffic Commercial Store For Sale

    View details
    Fort Walton Beach Mixed-Use Property
    Fort Walton Beach Mixed-Use Property

    1429 Lewis Turner Blvd, Fort Walton Beach, FL 32547

    Contact for pricing
    4,832 sqft 0.35 AC lot

    Mixed-use property in Fort Walton Beach, Florida, featuring two units.

    View details
    10,882 SF Grayton Corners Shopping Center For Sale
    10,882 SF Grayton Corners Shopping Center For Sale

    32 E County Hwy 30A, Santa Rosa Beach, FL 32459

    Contact for pricing
    10,882 sqft 1.39 AC lot

    10,882 SF Grayton Corners Shopping Center For Sale

    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.

    Waterfront Land With Dual Frontage
    Waterfront Land With Dual Frontage

    54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

    $6,950,000
    2.47 AC lot

    Two contiguous parcels offer waterfront access, roadway exposure, and public sewer service near downtown Fort Walton Beach.

    View details
    Prime Commercial Land in Florida
    Prime Commercial Land in Florida

    +/-2.1 Acres US-98, Santa Rosa Beach, FL 32459

    $2,395,000
    2.10 AC lot

    2.118-acre commercial land with highway frontage in Santa Rosa Beach.

    View details
    Santa Rosa Beach Legacy Acreage
    Santa Rosa Beach Legacy Acreage

    78B Chat Holley Road, Santa Rosa Beach, FL 32459

    $3,950,000
    2.42 AC lot

    Acreage for sale in Santa Rosa Beach, Florida.

    View details
    Commercial Land Tract
    Commercial Land Tract

    2671 Co Highway 83-A, Freeport, FL 32439

    $10,783,200
    90.00 AC lot

    Large commercial land holding with cleared pasture, wildlife, and access along County Hwy 83A.

    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.

    220 Mtn Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    220 Mtn Dr, Destin, FL 32541-2302

    $55,000
    Estimated value
    2,310 sqft 0.46 AC lot
    View details
    126 Azalea Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    126 Azalea Dr, Destin, FL 32541-2342

    $425,000
    Estimated value
    3,626 sqft 0.21 AC lot
    View details
    124 Benning Dr Ste, Unit 1
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 1
    $450,000
    Estimated value
    3,132 sqft 0.07 AC lot
    View details
    124 Benning Dr Ste, Unit 8
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 8
    $325,000
    Estimated value
    2,146 sqft 0.05 AC lot
    View details
    124 Benning Dr Ste, Unit 7
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 7
    $355,000
    Estimated value
    2,646 sqft 0.05 AC lot
    View details
    423 Mtn Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    423 Mtn Dr, Destin, FL 32541-2333

    $300,000
    Estimated value
    1,842 sqft 0.23 AC lot
    View details
    269 Azalea Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    269 Azalea Dr, Destin, FL 32541-7309

    $290,000
    Estimated value
    2,500 sqft 0.50 AC lot
    View details
    124 Benning Dr Ste, Unit 5
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 5
    $280,000
    Estimated value
    2,342 sqft 0.04 AC lot
    View details
    124 Benning Dr Ste, Unit 9
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 9
    $280,000
    Estimated value
    2,146 sqft 0.05 AC lot
    View details
    124 Benning Dr Ste, Unit 12
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 12
    $300,000
    Estimated value
    2,806 sqft 0.05 AC lot
    View details
    343 Mtn Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    343 Mtn Dr, Destin, FL 32541-2393

    $305,000
    Estimated value
    4,044 sqft 0.23 AC lot
    View details
    124 Benning Dr Ste, Unit 11
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 11
    $305,000
    Estimated value
    3,142 sqft 0.05 AC lot
    View details
    335 Mtn Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    335 Mtn Dr, Destin, FL 32541-2335

    $275,000
    Estimated value
    3,203 sqft 0.23 AC lot
    View details
    124 Benning Dr Ste, Unit 4
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 4
    $295,000
    Estimated value
    2,102 sqft 0.04 AC lot
    View details
    124 Benning Dr Ste, Unit 2
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 2
    $280,000
    Estimated value
    1,539 sqft 0.04 AC lot
    View details
    Hwy 98th E
    DEPARTMENT STORE

    Hwy 98th E, Destin, FL 32541

    $5,290,000
    Estimated value
    31,803 sqft 5.47 AC lot
    View details
    216 Mtn Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    216 Mtn Dr, Destin, FL 32541-2347

    $410,000
    Estimated value
    8,572 sqft 0.46 AC lot
    View details
    160 Azalea Dr
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    160 Azalea Dr, Destin, FL 32541-2342

    $305,000
    Estimated value
    4,638 sqft 0.15 AC lot
    View details
    124 Benning Dr Ste, Unit 3
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 3
    $175,000
    Estimated value
    1,566 sqft 0.04 AC lot
    View details
    540 Hbr Blvd
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    540 Hbr Blvd, Destin, FL 32541

    $165,000
    Estimated value
    1,128 sqft 0.34 AC lot
    View details
    124 Benning Dr Ste, Unit 10
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 10
    $300,000
    Estimated value
    2,720 sqft 0.05 AC lot
    View details
    124 Benning Dr Ste, Unit 6
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)

    124 Benning Dr Ste, Destin, FL 32541-2486

    Unit 6
    $295,000
    Estimated value
    1,948 sqft 0.04 AC lot
    View details

    Destin, FL Other Retail Properties Market Trends and Statistics

    Explore 42 other retail properties for sale in Destin, FL on our real estate platform. These investment opportunities span a total of 6,521 square feet of properties for sale, with an estimated market value of $1,095,000.

    Sale prices for other retail properties in Destin, FL average $1,095,000 — 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

    Shopping centers 14
    Storefront properties 6
    Showrooms 2
    Drug stores 1

    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 $1.1M

    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 100,000+ square foot range.

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    • 32541

    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

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