Property profile

36164 Emerald Coast Pkwy Destin, FL 32541

OFF-MARKET
Commercial land
Property ID
US18-6080222
0.13 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank
  • Real Estate Agency

Location

36164 Emerald Coast Pkwy Destin, FL 32541-5774
Destin metro Census 23308 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2023
Last sale
$2.0M
3 recorded transactions
2023
$2.0M
2018
$750,000
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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