14,500 SF Mixed Use Income Property Pending Save Request In-Person Tour Request Virtual Tour
Destin,FL 32541
Key Details
Property Type Single Family Home, Commercial
Sub Type Other (See Remarks)
Listing Status Pending
Purchase Type For Sale
Square Footage 14,500 sqft
Price per Sqft $172
MLS Listing ID 937982
Year Built 1986
Lot Size 0.720 Acres
Acres 0.72
Property Description
VALUE ADD OPPORTUNITY ~ Available for purchase ~ 14,500 SF mixed use income producing property. This property consists of two 7,000 SF (+/-) buildings with 12 units on .72 acres. The front building is 5000 SF office / retail space with an adjacent 2,000 SF warehouse. The rear building is 7,500 SF two story brick building with 10 units (5 up/ 5 down) consisting of 3 residential 1 bedroom apartments, 2 office units and 5 retail units. This property is centrally located in Destin along Main Street just north of the Post Office and the new Publix Shopping Center. This property has many leases under market value and with the addition of Publix nearby, I feel rents will be climbing well into the future. Parking lot will be resurfaced very soon.
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning TC Mixed Use