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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 4507 Destin, FL 32541

2,600 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,600 square foot Class B storefront, located at 4507 Furling Ln, unit 103, Destin, FL 32541, presents a lucrative investment opportunity. The property, situated in Okaloosa County, boasts a prime location on a main road within a two-story building. Currently operating as a successful massage spa for over six years, the business generates a net annual income exceeding $250,000 and benefits from a loyal customer base. The sale includes both the real estate and the established business, offering a seamless transition for the buyer. The 2,560 square feet of net rentable space is priced at $353.85 per square foot, with an asking price of $920,000. The property features two units across two stories and is zoned for commercial use. Possession is available on May 30, 2024. This turnkey operation provides immediate income potential and represents a strong investment in a thriving Destin location. The property's established business and high-income potential make it an attractive option for investors seeking a ready-made, profitable venture. Don't miss this chance to acquire a well-established business and prime retail space in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,600 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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