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4635 Gulfstarr Dr, Destin, FL 32541

$3,500,900

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Property Description

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.

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Coastal Properties.

Vendor Member Number : 28166