Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
Listing photo for 211 Main St, DESTIN, FL
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211 Main St,

DESTIN, FL

$990,000

31,363 Sqft
0.72 Acres

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.

Facts & Features
MLS® # 843642
Price $990,000
Square Footage 31,363
Acres 0.72
Type Commercial Sales
Status Active
Listing Office Taylor Allen Properties LLC
Community Information
Address 211 Main St
Area DESTIN
City DESTIN
County OKALOOSA
State FL
Zip Code 32541
Amenities
Is Waterfront No
Additional Information
Days on Market 65
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Taylor Allen Properties LLC
Photo of Kathy S Bass

Kathy S Bass

Office: 850-898-1205
Cell: 850-832-1007

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.

Listing information last updated on June 1st, 2020 at 12:30am CDT.