220 Harbor Blvd Units 1-10, DESTIN, FL

$5,500,000

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Description

This entire building is offered for sale, which is located on the South side of Harbor Boulevard in Destin, Florida, encompassing (10) contiguous commercial retail storefront units, each measuring +/-600 SF, in addition to (10) two-story apartments, each measuring +/-1,400 SF with 2 bedrooms and 2.5 baths, featuring front and rear balconies. The strategic location of the site creates exceptional synergy from patrons walking across Harbor Boulevard from one of the City of Destin's largest public parking lots, which is located on the North side of Harbor Boulevard with a pedestrian crossing directing...visitors to the retail storefronts of this subject venue, known as Harbor Village. The entire building has been renovated and is 100% occupied. The site contains nearly 1-acre, approximately 220' of Highway 98 (aka, Harbor...Boulevard) frontage, and a total of (56) parking spaces. Each of the (10) separate deeds include (1) commercial retail storefront and (1) residential apartment atop the commercial space, both offering independent access, thus allowing for two different tenants in each of the units; in other words, the building in entirety could host (20) different tenants. The City of Destin zoning is known as South Harbor Mixed Use (SHMU). Please refer to the zoning fact sheet that is uploaded to this listing. Please inquire for further information and to coordinate a private showing.

Legal Description

Lots 1 to 10, Destin Renaissance

Features of 220 Harbor Blvd Units 1-10

MLS® # 884792
Price $5,500,000
Acres 0.00
Type Commercial Sales
Status Active

Community Information

Address 220 Harbor Blvd Units 1-10
Area Destin
Subdivision
City DESTIN
County OKALOOSA
State FL
Zip Code 32541

Amenities

Is Waterfront No

Additional Information

Zoning SHMU
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSomers & Company

Price History for MLS #884792

Date Details Change
Price Increased from $5,495,000 to $5,500,000 $5,000 (0.09%)
Price Increased from $4,995,000 to $5,495,000 $500,000 (10.01%)
Price Increased from $4,950,000 to $4,995,000 $45,000 (0.91%)
Price Reduced from $5,925,000 to $4,950,000 $975,000 (16.46%)
Price Reduced from $5,950,000 to $5,925,000 $25,000 (0.42%)
Price Reduced from $6,500,000 to $5,950,000 $550,000 (8.46%)
Price Reduced from $7,995,000 to $6,500,000 $1,495,000 (18.70%)

For more information call

(850) 325-0004

Listing Map

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