New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Commercial land
36164 Emerald Coast Pkwy, Destin, FL 32541-5774
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6080222
Property summary
AI-generated overview
This 1,246 square foot office space is available for lease in Destin, Florida. Located at 36164 Emerald Coast Pkwy, near the intersection of Emerald Coast Pkwy and Tranquility Ln, this single-story building offers a convenient location with high visibility along a major thoroughfare (53,000 AADT). Built in 2002 and renovated in 2023, the property sits on a 0.49-acre lot and is part of a larger 3,380 square foot building with one suite. The space is zoned CG and is ideal for medical or traditional office use, sharing the building with Destin Medical Spa. Its proximity to Crystal Beach Shopping Plaza, Destin Commons, and area beaches, along with national retailers like Publix, Walgreens, Walmart, Home Depot, and Lowe's, makes it an attractive location for businesses. The property features ample parking and is easily accessible. Utilities are available. The property's APN is 00-2S-22-0101-000A-0380
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.13 ac (5,473 SF)
APN
00-2S-22-0101-000A-0390
UPID
US18-6080222
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
-
Bryan Crumpler, PrimeLending Loan Service Bank
-
Noah Donatelli - Mortgage Loan Officer Loan Service Bank
-
Primelending- CJ Atwell NMLS 1647730 Loan Service Bank
-
Wendy Kotowske Seagle- Mortgage Loan Officer Loan Service Bank
-
Somers & Company Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.43M
Owner & transaction history
Destin Botox LLC · 3 yrs held
Destin Botox LLC
since 2023
Last sale
$2.0M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Destin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Destin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,960,000
ML approach
$2,860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $1.95M (Apr 25 2023)
Last sale anchor
$1.95M
Apr 25 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,502
Tax year 2023
Assessed value
$144,375
Assessed 2023
Previous assessed
$137,500
+5.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$144,375
Land market value
$144,375
Total market value
$144,375
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.13 ac (5,473 SF)
APN
00-2S-22-0101-000A-0390
UPID
US18-6080222
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Destin Botox LLC
Entity
Mailing address
1785 SCENIC GULF DR, MIRAMAR BEACH, FL 32550-6907
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
$1,950,000
Destin Botox LLC
36164 Emerald Coast Parkway LLC
Warranty Deed
$1,755,000 · Fnbt Bank
Nov 13, 2018
$750,000
36164 Emerald Coast Parkway Ll
36150 Ecp LLC
Grant Deed
$562,500 · First Fl Bk
Feb 11, 2014
—
Ryan D Jumonville
Forty-four Investments LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 36164 Emerald Coast Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
