211 Main St, DESTIN

$990,000

0 Beds
0 Baths
31,363 Sqft
.72 Acres
0 Garages

Available for purchase- 14,600sf of mixed use income producing property in Destin FL with tremendous upside. This property consists of two 7,000sf (+/-) buildings with 10 units on .76 acres. Building 1 is a 7,000sf former furniture store with 4500sf of showroom and 2500sf of warehouse currently leased as two separate units. Building 2 is a 7,600sf two story brick building with 8 units (1 apartment, 6 retail / office units and 1 workshop). Current gross income is $83,580 with 90% occupancy and rental rates are well below the current market, proposed rate structure should produce net rents in excess of $110k annually, with estimated operating expenses of $2.29 per sf.Centrally Located, New Roof 2018.

Essential Information
MLS® #843642
Price$990,000
Square Footage31,363
Acres0.72
TypeCommercial Sales
StatusActive
Community Information
Address211 Main St
AreaDESTIN
Sub Area03 WEST DESTIN
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Listing Details
OfficeTaylor Allen Properties LLC
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 211 Main St, DESTIN, FL

Photo of Listing #838176

138 Calhoun Ave, DESTIN

$799,900 - 63,162 Sf

MLS® # 838176

Southern Real Estate
Photo of Listing #826189

237 Main St, DESTIN

$949,000 - 32,670 Sf

MLS® # 826189

Century 21 Blue Marlin Pelican
Photo of Listing #829973

543 Harbor Blvd Unit 301, DESTIN

$899,000 - 25,265 Sf

MLS® # 829973

Century 21 Blue Marlin Pelican

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, Copyright2020, All rights reserved.

Listing information last updated on May 27th, 2020 at 7:15am CDT.