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36070 Emerald Coast Parkway Destin, FL $ 4,114,286
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36070 Emerald Coast Parkway
$ 4,114,286
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36070 Emerald Coast Parkway

Destin, FL
$ 4,114,286
Bedrooms-- Baths-- Sq 10,274

Monthly Estimate*

$ 25,978

36070 Emerald Coast Parkway, Destin, FL - Image 1
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36070 Emerald Coast Parkway, Destin, FL - Image 9
36070 Emerald Coast Parkway, Destin, FL - Image 10
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Commercial Property for sale in Destin, FL

for $4,114,286. This 10,274 square foot building was built in 2003 on a lot size of 0.57.

Presenting an exceptional single-tenant retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a well-established flooring and kitchen & bath retailer serving Florida's Emerald Coast since 1999. Recently celebrating its 25th anniversary, the company benefits from the purchasing power and brand recognition, one of North America's largest flooring cooperatives. The investment provides stable in-place cash flow and is supported by continued market growth, tourism, demand, and ongoing residential and commercial development throughout the Destin market. New build, 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 in-place rent today, offered at a 7% cap rate = $4.1M

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Commercial Active

Price

$ 4,114,286

Property Type

Commercial

Taxes

$ 17,135

Style

Lot Size

0.57

Year Built

2003

Town/City

Destin

County/Region

Okaloosa

MLS | Web ID

B26044362
Features
General
Sewer Public Sewer Private Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Concrete
HOA Fee 0
Security Features Fire Alarm Fire Sprinkler System Security Lights
Year Built 2003
Electric 200+ Amp Service
Property Subtype Retail
Tax Year 2025
Business Type Cabinets Commercial Carpet/Tile Hardware Professional Service Retail Wholesale
Community Features Shopping
Building Name Carpet One Tile & Floor
Accessibility Accessibility Features
County Okaloosa
Net Operating Income 288000
Property Type Commercial Sale
Possible Use Service
Status Active
City Destin
Number Of Units Total 1
MLS Area 5940 - Other Florida County
Tax Annual Amount 17135.15
Virtual Tour https://www.propertypanorama.com/36070-Emerald-Coast-Parkway-Destin-FL/unbranded
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Retail
Legal Description SUNSAIL PLAZA S/D LOT 9
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Interior
Flooring Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Accessible Parking
Lot Features Interior Lot
Water Source Public
Total Parking 13
Lot Size Area 24970
Foundation Details Block
Number of Buildings 1
Building Area Total 10274
Lot Size Acres 0.57
Road Surface Type Paved
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Lielle Sosa

Listing Agent

Affordability Calculator

$27,406
Per Month
95%
5%
0%
Monthly Principal & Interest
$25,978
Monthly Property Taxes
$1,428
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/23/2026$4,114,286 Listed Price

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36070 Emerald Coast Parkway, Destin, FL, is a Commercial Property for sale at $4,114,286 with 10,274 sqft and a lot size of 0.57. 36070 Emerald Coast Parkway was built in 2003. The property's zip code is which is in Destin, FL

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