34761 Emerald Coast Pkwy Destin, FL 32541-3594
This exceptional 10,753 square foot retail/restaurant strip center is ideally situated on Emerald Coast Parkway (Highway 98) in Destin, Florida. Built in 2016, the single-story building sits on a 1.84-acre lot (79,983 square feet) and is zoned MU-2. Currently, 7,357 square feet of space is available for lease, with a minimum divisible unit of 3,617 square feet and a maximum contiguous space of 3,740 square feet. The property boasts excellent visibility and accessibility, experiencing traffic exceeding 55,000 vehicles daily. Benefit from strong national co-tenancy with Sleep Number and Curaleaf, ensuring high foot traffic and brand synergy. This prime location is within Destin's main retail corridor, surrounded by other national retailers and restaurants. The center enjoys a strategic position across from Plantation Commons shopping center, a major retail hub featuring anchors such as Fresh Market, Home Depot, Marshalls, and HomeGoods. Furthermore, the property benefits from its proximity to the Kelly Plantation neighborhood, a prestigious residential golf community. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Destin location.
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Sleep Number Furniture & Home Goods
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Mr. & Mrs. Scotches Restaurant & Bar Restaurant
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Scotches Bar & Grill Restaurant
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Scotches Restaurant & Bar Restaurant
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Mr. & Mrs. Scotches Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.