115 Palmetto Street, Destin, FL 32541 (MLS# 943622)


$1,095,000
115 Palmetto Street
Destin, FL 32541
MLS# 943622
Status: Pending



115 Palmetto Street, Destin, FL 32541
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115 Palmetto Street, Destin, FL 32541

Property Description
Now available for sale is a prime retail property in the heart of Destin, FL. This parcel has been under the same ownership for nearly 40 years and presents a rare opportunity to acquire a value-add building in the sought after North Harbor District. At 3,600sf, the new buyer will be able to take advantage of the bar and kitchen infrastructure that the current owner installed. Located just off of Highway 98, the AADT is 40,000 at the Palmetto St/Highway 98 intersection and has a median-cut to allow access for both east and west bound traffic. A portion of the interior was damaged in a storm and the roof was replaced thereafter in 2021. Call the Listing Agent today for more information and to schedule a showing. Showings will begin the week of March 4, 2024.

Details
None
Current Price: $1,095,000
Status Change Info
Status: Pending
Under Contract Date: 2024-04-12
Contract Info
GCCMLS Number: 30868406
List Date: 2024-02-29
List Price: $1,095,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 115
Street Name: Palmetto
Street Suffix: Street
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1403 - Destin Northwest
Parcel ID: 00-2S-22-0310-000B-2170
Legal Description: CALHOUN S/D S1/2 LOTS 216-218 BLK B
General Property Info
Listed on GCCMLS: Yes
Acreage: 0.34
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Now available for sale is a prime retail property in the heart of Destin, FL. This parcel has been under the same ownership for nearly 40 years and presents a rare opportunity to acquire a value-add building in the sought after North Harbor District. At 3,600sf, the new buyer will be able to take advantage of the bar and kitchen infrastructure that the current owner installed. Located just off of Highway 98, the AADT is 40,000 at the Palmetto St/Highway 98 intersection and has a median-cut to allow access for both east and west bound traffic. A portion of the interior was damaged in a storm and the roof was replaced thereafter in 2021. Call the Listing Agent today for more information and to schedule a showing. Showings will begin the week of March 4, 2024.
Office/Member Info
Cooperative Comp: 2.35
Cooperative Comp Type: %
Retail
# of Units: 1
Property Features
Class: Retail
Construction Status: Existing

Listing Office: NBI Properties Inc

Last Updated: April - 12 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Saturday 27th of April 2024 04:15 PM