4635 Gulfstarr DriveDestin, FL 32541
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Enter an interest rate to see your estimated monthly payment.7.5% 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 & generated $381,877 annual income in 2025. High quality finishes & architectural appeal accent this 15,000+ SF Class A office space. With 255K estimated 2026 NOI and 7.5% estimated CAP., this opportunity won't last long. The month to month Tenant could vacate if Buyer wants to occupy a potion of the building. Inquire to schedule a private showing.
| 3 months ago | Price changed to $3,399,500 | |
| 3 months ago | Listing updated with changes from the MLS | |
| 2 years ago | Status changed to Active | |
| 2 years ago | Listing first seen on site |
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Last checked: 2026-10-21 03:30 AM UTC