Retail in 36070 Emerald Coast Parkway, Destin, FL for sale with MLS# B26044362
PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $3M+ per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.
36070 Emerald Coast Parkway, Destin, FL
Price
- Price:
- $3,900,000.00
- Original List Price:
- $4,114,286.00
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Real Estate Owned (REO) Lender/Bank Owned
- Business Type:
- Retail, Professional Service, Wholesale, Commercial, Cabinets, Hardware, Carpet/tile
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 19, 2026 3:06 pm
Measures
- Built-Up Area:
- 10,274 Sqft
- Building Area Source:
- Appraiser
- Lot Size Acres:
- 0.57
Property Features
- Security:
- Fire Sprinkler System, Security Lights, Fire Alarm
- Air Conditioning
- Air Conditioning System:
- Central Air, Central Building
- Heating
- Heating System:
- Central, Central Building
- Road Responsibility:
- Public Maintained Road
Construction
- Year Built:
- 2003
- Year Built Details:
- Built In 2003, Roof Resealed In 2024
- Roof:
- Concrete
- Number of Buildings:
- 1
- Number of Units Total:
- 1
- Construction Materials:
- Concrete Block - With Stucco
- Flooring:
- Tile
- Number of stories:
- 2
- Structure Type:
- Retail
- Road Frontage Type:
- City Street, East of US-1
- Foundation Details:
- Block
- Flood Zone Code:
- X
Taxes and Expenses
- Tax Annual Amount:
- $17,135.15
- Tax Year:
- 2025
- Tax Assessed Value:
- $1,437,730.00
Parking
- Parking Total Spaces:
- 13
- Parking Features:
- Accessible Parking
Utilities
- Sewer:
- Public Sewer, Private Sewer
- Electric:
- 200+ Amp Service
- Utilities Available:
- Electricity Connected, Water Connected
- Water Source:
- Public
Community
- Building Name:
- Carpet One Tile & Floor
- Senior Community:
- No
Terms
- Documents Available:
- Aerial Photo(s), Photos, Books & Records, Copy Of Lease(s), Financial Statement, Investment Analysis, Accounting
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, 1031 Exchange, Trade
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- SUNSAIL PLAZA S/D LOT 9
- Real Estate Folio Number (Parcel Number):
- 002s22238000000090
- Zoning:
- CG
Listing History
- Active on the market since:
- June 23, 2026
- Listing Agreement executed on:
- June 22, 2026
- Price change occurred on:
- August 19, 2026 3:06 pm
- Listing Status Last Changed On:
- June 23, 2026 3:04 pm
- Photos updated on:
- June 30, 2026 5:54 pm
- Last Modified:
- August 19, 2026 3:06 pm
Additional Information
- Courtesy of:
- Levy Realty Advisors LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
Location
- Street Name:
- Emerald Coast
- Street Number:
- 36070
- City:
- Destin
- State:
- Florida
- County:
- Okaloosa
- Latitude:
- N30° 23' 14.7''
- Longitude:
- W87° 35' 19.8''
- Street Suffix:
- Parkway
Property Map
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Ver la propiedad 36070 Emerald Coast Parkway, Destin, FL
