36070 Emerald Coast Parkway
,, FL 32541

$4,114,286
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Beds
Baths
(0F 0H)
Living Area (sqft)
Year Built
2003

Description

Presenting an exceptional single-tenant retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a well-established flooring and kitchen & bath retailer serving Florida's Emerald Coast since 1999. Recently celebrating its 25th anniversary, the company benefits from the purchasing power and brand recognition, one of North America's largest flooring cooperatives. The investment provides stable in-place cash flow and is supported by continued market growth, tourism, demand, and ongoing residential and commercial development throughout the Destin market. New build, 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 in-place rent today, offered at a 7% cap rate = $4.1M

Property Details

MLS Area
Other Geographic Area (Out Of Area Only)
Property Type
CommercialSale / Retail
Listing Type
sale
Listing ID
B26044362
MIAMI Association of REALTORS®
Listing courtesy of Levy Realty Advisors LLC
MLS #B26044362

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright © 2026 MIAMI Association of REALTORS®. All rights reserved.

Data last updated June 24, 2026 7:50 PM ET.

Features

Cooling
1 item
  • Central Air
Electric
1 item
  • Amps200 Or More
Flooring
1 item
  • Tile
Heating
1 item
  • Central
Listing Terms
5 items
  • Cash
  • Conventional
  • F H A
  • Exchange1031
  • Fha203K
Lot Features
1 item
  • Less Than One Acre
Parking Features
1 item
  • Accessible Parking
Road Surface Type
1 item
  • Paved
Roof
1 item
  • Concrete
Security Features
4 items
  • Smoke Detectors
  • Fire Sprinkler System
  • Fire Alarm
  • Security Lights
Speciallistingconditions
1 item
  • Real Estate Owned
Structure Type
1 item
  • Retail
Utilities
2 items
  • Electricity Available
  • Water Available
Water Source
1 item
  • Public

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