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$ 345,000
Est. payment | /mo
$ 345,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1011180
Source Emerald Coast Association of REALTORS®
Property Description
127 Harbor Blvd offers a flexible commercial opportunity with two 800 SF spaces being sold together for a total of 1,600 SF. The property is currently owner-occupied, allowing a buyer the opportunity to take possession without existing tenant leases in place. With separate upstairs and downstairs spaces, the layout lends itself well to an owner-user needing multiple work areas, a business looking to occupy one space while leasing the other, or an investor seeking the potential for two separate rental streams. Seller reports comparable units in the complex are leasing for approximately $1,500 per month per unit, representing potential gross rental income of approximately $36,000 annually if both spaces are leased. Conveniently located on Harbor Blvd in Destin with easy access to the surrounding commercial corridor, this property offers flexibility for a variety of office and professional uses. Buyer to independently verify square footage, permitted uses, rental rates, and income potential.
Location
State FL
County Okaloosa
Area 14 - Destin
Direction From the intersection of US-98 & FL-293, travel east for about 1.5 miles and The Plaza will be on the north side of US-98.
Exterior
Garage No
Building
Faces From the intersection of US-98 & FL-293, travel east for about 1.5 miles and The Plaza will be on the north side of US-98.
New Construction No
Others
Pets Allowed No
Tax ID 00-2S-22-4009-0000-0070
Listed by Abbott Martin Group EXP Realty LLC