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Property profile & analytics
OFF-MARKET
Lifestyle centers

1012 Us-98 Destin, FL 32541

8,300 SF Built 2016
Property ID
Property summary
AI-generated overview

This exceptional Class-A retail opportunity in Destin, Florida, presents 1,700 square feet of available space within an 8,300-square-foot multi-tenant shopping center. Built in 2016 and renovated in 2019, the property boasts a prime location on US Highway 98, a major coastal corridor with approximately 50,500 vehicles per day. The available unit, previously occupied by T-Mobile, offers excellent visibility and accessibility. Strong co-tenancy includes Dunkin', Baskin-Robbins, and Aspen Dental. The 1.42-acre lot is zoned GRMU and features a single, one-story building. The property benefits from its proximity to numerous national retailers such as Publix, Walgreens, Walmart, and more, ensuring high foot traffic and commercial demand. This is an ideal location for a retail user seeking high visibility and a strong tenant mix in a thriving Destin location. The property's APN is 00-2S-22-0000-0015-0000, and it's situated in Okaloosa County. The building consists of three suites in total.

Property profile
Verified
Property type Lifestyle centers
Year built 2016
Total area 8,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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