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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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36070 Emerald Coast Pkwy , , FL 32541
$3,900,000
Est. Payment: $8,666.67/mo
0 Bed
0 Bath
10274 Sqft
Status: Active | Days on site: 84
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FLL1293 - FLL3386960
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House Description

$200K PRICE REDUCTION! PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, affiliated with 1,000 locations nationwide. This location has been there 25+ years and ranked the Top Flooring retailers serving Destin, FL . The Company sales are mid $3M per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Standard NNN Tenant, $288,000 annual income in-place today. Seller reviewing all offers and motivated.

Highlights

Listed by Lielle Sosa , 646-709-5537 Levy Realty Advisors LLC , 954-491-5505.

Property Type

Commercial Sale

Lot/Acreage
0.57

Year Built

2003

County

Okaloosa

Area

5940 Florida Other

Listing ID

B26044362

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:<1 Acre
Garage Capacity:13
Zoning:CG
Roof:Concrete
Sewer:Public Sewer,Private Sewer,Treatment Plant
Parking Features:Assigned,Accessible Parking,Common,Guest
Principal Interest
$8,667
Taxes
$1,428

Home Price

$3,900,000

Loan Details

30 yrs
%

Down Payment

20%
$780,000
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Monthly Price:
$8,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,666.67 $1,427.92 $0.00 $10,094.58
Yearly $104,000.00 $17,135.00 $0.00 $121,135.00
Total $3,120,000.00 $514,050.00 $0.00 $3,634,050.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.