Description

PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $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. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.

Address

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Address: Emerald Coast
City: Destin
State/county: Okaloosa

Details

Updated on August 19, 2026 at 5:56 pm

Property ID B26044362
Price $3,900,000
Land Area 0.57 Sq Ft
Year Built 2003
Type Retail
Property Status Commercial Sale

Additional details

AccessibilityFeatures Accessibility Features
AssociationFee 0
BuildingAreaSource Appraiser
BuildingAreaTotal 10274
BuildingName Carpet One Tile & Floor
BusinessType Cabinets, Commercial, Carpet/Tile, Hardware, Professional Service, Retail, Wholesale
CLIP 5796971298
CommunityFeatures Shopping
ConstructionMaterials Concrete, Stucco
ContractStatusChangeDate 2026-06-23
Cooling Central Air
CumulativeDaysOnMarket 58
CurrentPrice 3900000
DaysOnMarket 58
DaysOnMarketReplication 58
DaysOnMarketReplicationDate 2026-08-19
DaysOnMarketReplicationIncreasingYN 1
DistanceToFreewayNumeric 0
DocumentsAvailable Aerial, Financials, Ground Photo, Lease
DocumentsChangeTimestamp 2026-06-23T11:12:23.000-00:00
DocumentsCount 1
Electric 200+ Amp Service
Flooring Tile
FoundationDetails Block
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR BeachesMLS
ListAgentAOR BeachesMLS
ListAgentDirectPhone 646-709-5537
ListAgentEmail sosalrealty@gmail.com
ListAgentFirstName Lielle
ListAgentFullName Lielle Sosa
ListAgentKey 26830899
ListAgentKeyNumeric 26830899
ListAgentLastName Sosa
ListAgentMlsId 3386960
ListAgentNationalAssociationId 278052988
ListAgentOfficePhone 954-491-5505
ListAgentPreferredPhone 646-709-5537
ListAgentStateLicense 3386960
ListOfficeAOR BeachesMLS
ListOfficeKey 5928777
ListOfficeKeyNumeric 5928777
ListOfficeMlsId 1293
ListOfficeName Levy Realty Advisors LLC
ListOfficePhone 954-491-5505
ListingAgreement Exclusive Agency
ListingContractDate 2026-06-22
ListingKey 1175538168
ListingKeyNumeric 1175538168
ListingService Full Service
ListingTerms Cash, Conventional, 1031 Exchange, FHA, Trade
LotFeatures Interior Lot
LotSizeArea 24970
MLSAreaMajor 5940 - Other Florida County
MajorChangeTimestamp August 19, 2026 at 11:06am
MajorChangeType Price Change
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp August 19, 2026 at 03:34pm
NetOperatingIncome 288000
NumberOfBuildings 1
NumberOfUnitsTotal 1
OccupantType Tenant
OnMarketDate 2026-06-23
OnMarketTimestamp 2026-06-23T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-19T11:27:29.890-00:00
OriginalEntryTimestamp June 23, 2026 at 11:04am
OriginalListPrice 4114286
OriginatingSystemID M00000170
OriginatingSystemKey 610360305
OriginatingSystemListAgentMemberKey 1428767
OriginatingSystemListOfficeKey 1159504
OriginatingSystemModificationTimestamp 2026-08-19T11:27:29.890-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_BEACH
ParcelNumber 002s22238000000090
ParkingFeatures Accessible Parking
ParkingTotal 13
Permission IDX
PhotosChangeTimestamp August 19, 2026 at 03:34pm
PhotosCount 12
Possession Close Of Escrow
PossibleUse Service
PostalCity Destin
PostalCodePlus4 5719
PreviousListPrice 4114286
PriceChangeTimestamp August 19, 2026 at 11:06am
PropertySubTypeAdditional Retail
RoadFrontageType City Street
RoadResponsibility Public Maintained Road
RoadSurfaceType Paved
Roof Concrete
SecurityFeatures Fire Alarm, Fire Sprinkler System, Security Lights
Sewer Public Sewer, Private Sewer
SourceSystemID TRESTLE
SourceSystemKey 1175538168
SourceSystemName flexmls
SpecialListingConditions Real Estate Owned
StateOrProvince FL
StatusChangeTimestamp June 23, 2026 at 11:04am
StoriesTotal 2
StreetName Emerald Coast
StreetNumber 36070
StreetNumberNumeric 36070
StreetSuffix Parkway
StructureType Retail
TaxAnnualAmount 17135.15
TaxAssessedValue 1437730
TaxLegalDescription SUNSAIL PLAZA S/D LOT 9
TaxYear 2025
UniversalPropertyId US-12091-N-002s22238000000090-R-N
Utilities Electricity Connected, Water Connected
VideosChangeTimestamp 2026-08-19T15:34:53.463-00:00
VideosCount 0
WaterSource Public
Zoning CG