About 4635 Gulfstarr Drive
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.
Features of 4635 Gulfstarr Drive
| MLS® # | 969488 |
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| Price | $3,500,900 |
| Acres | 1.10 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 4635 Gulfstarr Drive |
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| Area | 14 - Destin |
| City | Destin |
| County | Okaloosa |
| State | FL |
| Zip Code | 32541 |
Listing Details
| Office | RE/MAX Coastal Properties |
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