$1,095,000
Pending

115 Palmetto Street

Destin, FL 32541
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Property TypePurchase
      • Cost1095000
      • MLS #974485
      • MLS #974485
      • Pool1
      • Property SubtypeE

Location

Todd Siegrist | LPT RealtyReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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