$1,800,000
Destin, FL 32541
MLS# 896167
Status: Sold
1 / 22
Property Description
ATTENTION INVESTORS! Qualify your 1031 Tax Deferred Exchange by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This opportunity involves a corporate-guaranteed, net lease. This prime site contains a hard corner and signalized intersection, capturing significant visibility from the nearly 40,000+ vehicles passing along Highway 98 on a daily basis. Please inquire for further details and to schedule a private showing. Please do not approach tenants or staff. The seller is a licensed real estate broker and salesperson in the states of Florida, California, and Georgia.
Details
Contract Info
GCCMLS Number: 30739185
Listing Board: Emerald Coast
List Date: 2022-04-19
List Price: $1,895,000
Location, Tax and Legal
Sub Area: 1404 - Destin Beach East
Property Name: Sherwin Williams Paint Store
Legal Description: EMERALD HEIGHTS S/D LOT A
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
Lot Depth: 210
Zoning: ROI-TD / Comm.
Lot Frontage: 125
Acreage: 0.45
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: ATTENTION INVESTORS! Qualify your 1031 Tax Deferred Exchange by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This opportunity involves a corporate-guaranteed, net lease. This prime site contains a hard corner and signalized intersection, capturing significant visibility from the nearly 40,000+ vehicles passing along Highway 98 on a daily basis. Please inquire for further details and to schedule a private showing. Please do not approach tenants or staff. The seller is a licensed real estate broker and salesperson in the states of Florida, California, and Georgia.
Class
Income Producing: 1
Retail: 1
Construction Status
Existing: 1
Retail
Property Type: Freestanding
Year Built: 2014
# of Units: 1
Income Producing
Year Built: 2014
Building SqFt: 4020
Property Type: Retail
None
Current Price: $1,800,000
Status Change Info
Status: Sold
Under Contract Date: 2022-04-24
Sold Date: 2022-05-27
Sold Price: $1,800,000
Location Tax and Legal
Area: 14 - Destin
Street #: 36248
Street Name: Emerald Coast
Street Suffix: Parkway
State: FL
Zip Code: 32541
County: Okaloosa
Parcel ID: 00-2S-22-0975-0000-00A0
Property Features
Class: Income Producing; Retail
Construction Status: Existing
Listing Office: Somers & Company
Last Updated: October - 13 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
