981 Us-98 Destin, FL 32541
This prime retail space, totaling 84,682 square feet, presents a unique investment opportunity in Destin, Florida. Located in the heart of the Emerald Coast's primary retail corridor, this Winn-Dixie anchored shopping center boasts exceptional visibility and accessibility from Highway 98, a major thoroughfare with over 60,000 vehicles passing daily. Currently, there are two available spaces totaling approximately 1,400 square feet, offering flexibility for various retail concepts. The center benefits from a strong co-tenant mix, including established businesses such as Winn Dixie, Kwench Juice, Island Wings, Another Broken Egg Cafe, UPS Store, Mimmo's, Great Clips, a salon, and Workout Anytime, creating a vibrant and synergistic retail environment. Destin's rapid growth, ranking as the third fastest-growing Metropolitan Statistical Area (MSA) in the U.S. with over 22% growth since 2000, further underscores the investment potential of this property. The property's Assessed Parcel Number (APN) is 00-2S-22-0098-0000-0010. This is an exceptional opportunity to secure a foothold in a thriving retail market with high visibility and strong tenant synergy. The property offers a combination of established businesses and available space, making it an attractive investment for both established and emerging retailers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.