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About This Home
This 0-bedroom, 0-bathroom condo at 4635 Gulfstarr Drive in Destin, FL is listed for $3,500,900. on a 1.10 acres lot.
ATTENTION INVESTORS 6.4% 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 & generates $347,884 annual income & High quality finishes & architectural appeal accent 15,000+ SF Class A office space. 224K Estimated 2025 NOI with 6.4 CAP. The month to month Tenant could vacate if Buyer wants to occupy. Inquire to schedule a private showing.
Key Features
- 1.10 acre lot
Monthly Cost Estimate
$18,724/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4635 Gulfstarr Drive
Destin, FL 32541
Questions & Answers
This 0-bedroom, 0-bathroom condo at 4635 Gulfstarr Drive is listed at $3,500,900. The estimated monthly payment is $15,171 based on 20% down at 6.5% interest.
Key features include: 1.10 acre lot.
This property is listed by Karen K Martineau and can be reached at 8504996930 or karen@karenmartineau.com.