4635 Gulfstarr Drive, Destin, FL 32541

Other
AUD $4,894,219
USD $3,399,500
Published on: 26 Feb 2025
Last updated on: 12 Sep 2026
4635 Gulfstarr Drive, Destin, FL 32541
4635 Gulfstarr Drive, Destin, FL 32541
4635 Gulfstarr Drive, Destin, FL 32541
+66
4635 Gulfstarr Drive, Destin, FL 32541
  • 66
Property ID: 110097662477
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Commercial for Sale, Destin, FL

4635 Gulfstarr Drive, Destin, FL 32541
7.5% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical/Professional office building located in the heart of Destin! Its prime corner location w/a traffic light, provides easy accessibility & significant visibility from the 60,000+ vehicles passing daily along Hwy 98. The corner site also contains a highly visible large marquee sign. Strategically located less than a mile from The Destin Commons, Whole Foods, restaurants & businesses, this professional Office building is fully leased & generated $381,877 annual income in 2025. High quality finishes & architectural appeal accent this 15,000+ SF Class A office space. With 255K estimated 2026 NOI and 7.5% estimated CAP., this opportunity won't last long. The month to month Tenant could vacate if Buyer wants to occupy a potion of the building. Inquire to schedule a private showing.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
4,451.55 m2
County
Okaloosa
Parcel ID
00-2S-22-2380-0000-0010
Provider
Emerald Coast Association of Realtors
Brokerage Office Name
RE/MAX Coastal Properties
Brokerage Office Phone
(850) 837-9900
Neighbourhoods
14 - Destin
Address
4635 Gulfstarr Drive, Destin, FL 32541
Contact Agent
Karen K Martineau
RE/MAX Coastal Properties
725 Harbor Blvd , Destin, FL 32541
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Karen K Martineau
725 Harbor Blvd , Destin, FL 32541
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      Property ID: 110097662477

      Original Property ID: 3yd-ECARMLSFL-969488
      Data provided by Emerald Coast Association of Realtors, MLS #: 969488
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