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Property profile & analytics
OFF-MARKET Estimated value $1,830,000
Outlet malls

36062 Emerald Coast Pkwy Destin, FL 32541-5719

8,450 SF 0.57 ac lot Built 1996
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-3146440
Property summary
AI-generated overview

This exceptional 7,495 square foot freestanding retail building is situated on a 0.57-acre lot at 36062 Emerald Coast Pkwy, Destin, FL 32541 (APN: 00-2S-22-2380-0000-0070). Built in 1996, this single-story building boasts beautiful architectural details, including an arbored trellis façade. Currently occupied, the property offers flexible space suitable for various retail uses. Exceptional logistics are provided by a service drive with a large commercial overhead door on the east elevation, ideal for large truck deliveries. The rear of the property also features excellent ingress/egress with another large overhead door. Ample parking is available with approximately 16 spaces. The property is located on a highly synergistic stretch of Highway 98 in Destin, offering excellent visibility and accessibility. This prime retail location presents a significant investment opportunity. The building's single tenancy and substantial square footage make it an attractive prospect for a variety of businesses. The property's features, including the convenient service drive and ample parking, contribute to its overall functionality and appeal. A minimum of 48 hours' notice is required for all showings.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1996
Construction STEEL FRAME
Total area 8,450 SF
Lot 0.57 ac (24,997 SF)
APN 00-2S-22-2380-0000-0070
UPID US18-3146440
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
Current use
Occupant on record · Public records
  • Ethan Allen Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.76M
CAP Approach CAP
$1.87M
Comparable Approach Comparable
$2.15M
Blend (final) Blend
$1.83M
Owner & transaction history
St Johns Fla Properties LLC · 1 yrs held
St Johns Fla Properties LLC
since 2025
Last sale
$1.8M
4 recorded transactions
2025
$1.8M
2003
$1.0M
2002
$800,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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