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725 Harbor Blvd E
Destin, FL 32541
Office Property For Sale


Investment Highlights
- Ample parking on-site
- Fresh interiors with new paint
- Great location on highly visible parcel
Executive Summary
Current business relocating - occupancy reasonably negotiable. This is the subject of a 1031 exchange. Excellent opportunity to acquire a well-maintained, two-story office building in the heart of Downtown Destin with outstanding Highway 98 (Harbor Blvd) exposure and convenient access via median cut. Historically leased by office space- Multi-tenant configuration potential- 2/3 of offices currently rented. Owner occupies front section of lower level and will vacate upon sale. One upper office and two lower offices currently available.
Property Highlights. (Total Square Feet 3,202 ):
Upper Level (1,634 SF)
• Two Separate HVAC Systems (cost control & multi-tenant flexibility)
• Freshly painted interior • Handicap-accessible main entrance
• Rear entrance for staff • Exterior stair access to second floor
• Interior stairway near reception • Bathrooms on both levels Layout & Functionality
Lower Level (1,568 SF):
• Reception area, small kitchen, utility room, front office/conference room, two bathrooms, and five individual offices.
• Handicap accessible for customer convenience.
• Historically leased by office space- Multi-tenant configuration potential- 2/3 of offices currently rented
• Owner occupies front section of lower level and will vacate upon sale
• One upper office and two lower offices currently available
Parking:
• 7 front parking spaces (including 1 ADA)
• 6 rear parking spaces-
• Shared rear access and dumpster with neighboring office building
Location:
• Premier Harbor Blvd frontage in Downtown Destin near Beach Drive.
• High traffic count and exceptional visibility with signage in place.
• Easy ingress and egress via median cut.
• Location. Exposure. Flexibility. Income.
Property Highlights. (Total Square Feet 3,202 ):
Upper Level (1,634 SF)
• Two Separate HVAC Systems (cost control & multi-tenant flexibility)
• Freshly painted interior • Handicap-accessible main entrance
• Rear entrance for staff • Exterior stair access to second floor
• Interior stairway near reception • Bathrooms on both levels Layout & Functionality
Lower Level (1,568 SF):
• Reception area, small kitchen, utility room, front office/conference room, two bathrooms, and five individual offices.
• Handicap accessible for customer convenience.
• Historically leased by office space- Multi-tenant configuration potential- 2/3 of offices currently rented
• Owner occupies front section of lower level and will vacate upon sale
• One upper office and two lower offices currently available
Parking:
• 7 front parking spaces (including 1 ADA)
• 6 rear parking spaces-
• Shared rear access and dumpster with neighboring office building
Location:
• Premier Harbor Blvd frontage in Downtown Destin near Beach Drive.
• High traffic count and exceptional visibility with signage in place.
• Easy ingress and egress via median cut.
• Location. Exposure. Flexibility. Income.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
3,264 SF
Building Class
B
Year Built
1973
Price
$1,558,491 CAD
Price Per SF
$477.48 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,632 SF
Building FAR
0.33
Lot Size
0.23 AC
Parking
7 Spaces (2.14 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 00-2S-22-0701-000G-0070 | Improvements Assessment | $160,614 CAD |
| Land Assessment | $433,977 CAD | Total Assessment | $594,591 CAD |
Property Taxes
Parcel Number
00-2S-22-0701-000G-0070
Land Assessment
$433,977 CAD
Improvements Assessment
$160,614 CAD
Total Assessment
$594,591 CAD
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