Financial
Distress signals
Property profile

501 Harbor Blvd B Destin, FL 32541

FOR LEASE
Strip malls
Property ID
US18-5139850
10,575 SF 0.58 ac lot Built 1983
Last sale Nov 2017 · $174,900
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a professional office space located in Norred Plaza on Highway 98/Harbor Blvd. It is configured with five private offices, a reception area, a waiting area, and one restroom. The space is part of a suite arrangement and includes utilities for water, sewer, and trash services.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$1.00M
Assessed land$578k
Assessed improvement$424k
Effective rate1.03%

Value estimate

· Sep 2026
$410k
$369k – $451k
Submarket $/SF estimate$1.77M
NOI build-up
Gross scheduled income$197k
Vacancy & credit loss−$39k
Operating expenses−$39k
NOI · 8,773.33% cap applied$118k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$157/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$106 – $235

Cap rate analysis

How does the asset earn?
8,773.33%
$118k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.4
Auto Parts Store16.1
Building Supply13.0

Location

501 Harbor Blvd, Unit B Destin, FL 32541
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34871 Emerald Coast, Destin, FL 32541-3438 $4,300,000 Dec 2024 11,275 SF
36070 Emerald Coast, Destin, FL 32541-5719 $3,000,000 Aug 2024 10,274 SF
15000 Emerald Coast, Destin, FL 32541-3338 $5,000,000 Feb 2023 30,911 SF
36194 Emerald Coast, Destin, FL 32541-4705 $3,500,000 Jun 2022 14,932 SF
106 Benning, Destin, FL 32541-2463 $1,000,000 Jun 2021 12,510 SF
985 Hwy 98th E, Destin, FL 32541-2848 $4,005,000 Dec 2019 21,787 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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