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Financial
Distress signals
Property profile

639 Harbor Blvd Destin, FL 32541

FOR LEASE
Warehouses
Property ID
US18-3692825
17,187 SF 0.69 ac lot Built 1973
Last sale Jul 2025 · $2,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story, 6,769 square foot retail building presents a rare investment opportunity in Destin, Florida's Scenic Harbor District. Located at 639 Harbor Blvd, Destin, FL 32541 (APN: 00-2S-22-0700-000B-0030), this property boasts an impressive street presence and convenient access. The building currently houses Destin Glass and includes a showroom, office space, and an attached warehouse, all situated on a substantial 30,000 square foot lot. The permitted commercial zoning…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$1.84M
Assessed land$866k
Assessed improvement$976k
Effective rate1.19%

Value estimate

· Oct 2026
$3.29M
$2.96M – $3.62M
AI approach$3.30M
Submarket $/SF estimate$3.16M
NOI build-up
Gross scheduled income$130k
Vacancy & credit loss−$7k
Operating expenses−$37k
NOI · 507.04% cap applied$86k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
Submarket average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$111 – $190

Cap rate analysis

How does the asset earn?
507.04%
$86k 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: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Barber Shop8.8
Catering Service8.7

Location

639 Harbor Blvd Destin, FL 32541
County assessor Recorded deeds · 5 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
4640 Gulfstarr, Destin, FL 32541-3715 $1,600,000 Nov 2024 7,860 SF
950 Airport, Destin, FL 32541-2869 $195,000 Sep 2021 9,600 SF
4 Commerce, Destin, FL 32541-7349 $825,000 Aug 2021 9,260 SF
36246 Emerald Coast, Destin, FL 32541-4707 $1,800,000 Jul 2021 9,612 SF
170 Industrial Park, Destin, FL 32541 $2,470,000 Jul 2021 22,020 SF
Gulfstarr, Destin, FL 32541 $10,000,000 Jan 2020 13,910 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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