13,939 SqFt
13,939 SqFt
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 13,939 sqft
Price per Sqft $100
MLS Listing ID 1000622
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 150'x100'
Source Emerald Coast Association of REALTORS®
Property Description
Discover a versatile and high-yield investment at 221 Business Centre. This expansive 5,450 sq. ft. industrial/flex property is strategically situated in one of the most sought-after commercial pockets between Destin and Sandestin, offering unparalleled access to Highway 98 and the Scenic Gulf Drive areas.
The Property
Total Square Footage: 5,450 sq. ft. (4,000 sq. ft. primary structure + 1,450 sq. ft. rear addition).
Warehouse Features: The facility boasts three 14-foot overhead doors, providing effortless access for large equipment, vehicles, or distribution needs.
Bonus Storage: An insulated storage container is located on-site, perfect for climate-sensitive inventory or specialized equipment. Residential Component: A unique upstairs apartment features a full kitchen and bathroom, offering an on-site living option for an owner-operator or an additional stream of rental income.
Professional Space: The layout includes multiple well-appointed offices, balancing industrial utility with administrative comfort.
Income & Versatility
This property is a proven producer designed for maximum flexibility. Whether you are looking for a corporate headquarters or a multi-tenant income play, the configuration allows for easy subdivision.
Current Revenue: Side A is successfully leased at $4,000/month.
Pro Forma Potential: Side B and the rear storage area are currently vacant, with the potential to command an additional $5,000/month.
Full Occupancy Projection: Total gross monthly income is estimated at $9,000 when fully stabilized.
Location Advantage
Positioned in the heart of the Miramar Beach commercial corridor, this location serves the high-density markets of both Destin and Sandestin. Its proximity to luxury developments and the tourist-heavy Scenic Gulf Drive makes it an ideal hub for service providers, wholesalers, or luxury storage.
Don't miss this rare opportunity to acquire a high-cap-rate asset in a supply-constrained market.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Direction From the intersection of Holiday Road and Emerald Coast Parkway, head east towards Sandestin. Take the first right past the intersection onto Business Center Drive. Head south towards the beach about 1000 feet. Warehouse will be on the left just past the slight bend in the road.
Exterior
Garage No
Building
Faces From the intersection of Holiday Road and Emerald Coast Parkway, head east towards Sandestin. Take the first right past the intersection onto Business Center Drive. Head south towards the beach about 1000 feet. Warehouse will be on the left just past the slight bend in the road.
Others
Pets Allowed No
Tax ID 29-2S-21-42100-000-0090
Nearby Locations
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