36248 Emerald Coast Pkwy, DESTIN, FL – $1,695,000

  • $1.7M Price
  • 19,602 Sqft
  • .45 Acres
  • 85 DOW
  • $1.7M Price
  • 19,602 Sqft
  • .45 Acres
  • 85 DOW

36248 Emerald Coast Pkwy

ATTENTION INVESTORS! Accommodate your 1031 Tax Deferred Exchange requirement by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This corporate-guaranteed, net lease involves a (10)-year initial term with approximately (5)-years remaining and contains four (5)-year renewal options. Its premier site enjoys a hard corner and signalized intersection, located along Highway 98, which currently carries 40,000+ vehicles per day. Lord & Son was the exceptional contractor, completing the development and building construction in March of 2014. Please inquire for further details. Seller is a Licensed Real Estate Broker in the State of Florida, as well as a Licensed Salesperson in the States of California and Georgia.

Essential Information

  • MLS® #816792
  • Price$1,695,000
  • Days on Website85
  • Square Footage19,602
  • Acres0.45
  • TypeCommercial Sales
  • StatusActive

Community Information

  • Address36248 Emerald Coast Pkwy
  • AreaDESTIN
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541


  • Lot Description125 X 210

Additional Information

  • ZoningROI-TD / Comm.

Listing Details

  • OfficeSomers & Company
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Price Change History for 36248 Emerald Coast Pkwy, DESTIN, FL (MLS® #816792)

Date Details Change
Price Reduced from $1,750,000 to $1,695,000 $55,000 (3.14%)
Price Reduced from $1,775,000 to $1,750,000 $25,000 (1.41%)
Price Reduced from $1,785,000 to $1,775,000 $10,000 (0.56%)
Price Reduced from $1,795,000 to $1,785,000 $10,000 (0.56%)

Somers & Company.

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on May 21st, 2019 at 7:30am CDT.