Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    2.08

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $275,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Okaloosa

Elementary School

Middle School

High School

Listing Courtesy of Tammy R Huston , NAI TALCOR

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Geannette Turner

RealtorĀ®

Geannette Turner

Call Geannette today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.Ā© 2024 FMLS.
Situated in the heart of Destin's established business corridor, this +/-1,312SF commercial office condominium offers an opportunity to acquire an income-producing asset with strong fundamentals and long-term demand drivers. The property is recently remodeled and currently occupied by a regional staffing company, providing immediate cash flow in a well-located, professionally managed office environment.

The suite benefits from excellent accessibility via Airport Road and close proximity to US-98, Destin's primary east-west artery. The surrounding area features a dense mix of professional offices, medical users, retail, and hospitality, creating consistent daytime traffic and sustained tenant demand. Destin maintains a limited inventory of small-format office product, supporting stable occupancy and competitive lease rates for well-positioned suites.

The property delivers an 8.37% cap rate with pricing of $210 per square foot, positioning the asset well below replacement cost. The existing lease extends through May 2026, providing near-term income with flexibility for renewal, rent growth, or potential owner-user conversion.

For investors seeking durable cash flow as well as future owner-users, this office condominium combines a strong location, functional layout, and attractive basis in one of Northwest Florida's most active coastal markets. Continued commercial activity, steady tourism-driven business demand, and constrained new office development support long-term stability and liquidity for this asset.

1,312 SF Office Condo | Built 1999
Recently Remodeled Suite
Tenant in Place Through May 2026
Prime Airport Road Location with Easy Access to US-98
8.37% In-Place Cap Rate based on 2025 net income of $23,009.84
Income asset, priced below replacement cost
Strong Area Demand with Limited New Office Supply

1217 Airport Road 419

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Welcome to Suite C at Diamond Lakes Office Park -- a ground-floor professional suite featuring five private offices, a reception area, kitchen and restroom, all with handicap accessibility. This well-maintained unit offers a professional ambiance ideal for executive, medical, or professional use. Located in the heart of Destin, just minutes from Destin Commons, major highways, and major area businesses. Possible owner financing with acceptable terms. Don't miss this prime opportunity--schedule your tour today!
#989173

Destin

3997 W Commons Drive C

None Beds

None Baths

N/A

$299,900

MLS#: 989173

VERSATILE OFFICE SPACE! Renovated in 2021, this office space features a welcoming reception area, a bathroom, two spacious offices, and a large, versatile area filled with natural light--ideal for a treatment room, conference, or training room. Located within The Plaza office building, this suite offers a prime location in Destin with visibility on Hwy 98. Situated on the second level at the rear of the building, it includes a private entrance for added convenience.
#968430

Destin

4507 Furling Lane STE 207

None Beds

None Baths

N/A

$280,000

MLS#: 968430

Office or Retail space in a mixed use office park in the Heart of Destin. The complex has good traffic, but the interior location provides a noise buffer and sets the office space apart from the retail spaces. The space consists of a reception area, waiting area, 3 large offices, kitchen, storage room, and bathroom with a shower.
#798366

Destin

114 Palmetto Street 8

None Beds

None Baths

N/A

$279,000

MLS#: 798366

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.