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Ad #7846752
MLS #969488
Listing photo

ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY

4635 Gulfstarr Dr, Destin, Florida, 32541
$3,500,900
0Beds
0Baths
0Sqft
1.100Acres

About this property

ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical/Professional office building located in the heart of Destin! Its prime corner location w/a traffic light, provides easy accessibility & significant visibility from the 60,000+ vehicles passing daily along Hwy 98. The corner site also contains a highly visible large marquee sign. Strategically located less than a mile from The Destin Commons, Whole Foods, restaurants & businesses, this professional Office building is fully leased & generates $347,884 annual income & High quality finishes & architectural appeal accent 15,000+ SF Class A office space. 224K Estimated 2025 NOI with 6.4 CAP. The month to month Tenant could vacate if Buyer wants to occupy. Inquire to schedule a private showing.

Property Features

0 Beds
0 Baths
0 Sqft
1.100 Acres
Okaloosa County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Karen K Martineau

RE/MAX Coastal Properties

850-499-6930

Location

Map
Listing Agent: Karen K Martineau (License #: 3096846) 850-499-6930
Broker: RE/MAX Coastal Properties 850-837-9900 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 17, 2026

Photo Gallery

ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 1
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 2
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 3
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 4
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 5
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 6
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 7
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 8
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 9
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 10
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 11
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 12
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 13
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 14
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 15
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 16
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 17
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 18
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 19
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 20
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 21
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 22
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 23
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 24
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 25
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 26
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 27
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 28
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 29
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 30
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 31
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 32
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 33
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 34
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 35
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 36
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 37
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 38
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 39
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 40
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 41
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 42
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 43
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 44
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 45
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 46
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 47
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 48
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 49
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 50

$3,500,900

0
Beds
0
Baths
0
Sqft

4635 Gulfstarr Dr, Destin, Florida, 32541

By contacting this agent you agree to these Terms and Conditions.
Home Florida Destin
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 1
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 2
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 3
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 4
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY - photo 5
MLS# 969488
Condo For Sale

ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY

$3,500,900

4635 Gulfstarr Dr, Destin, Florida, 32541

0
Beds
0
Baths
0
Sqft
1.100
Acres
$3,500,900
4635 Gulfstarr Dr, Destin, Florida, 32541
0 Beds
0 Baths
0 Sqft
1.100 Acres
ATTENTION INVESTORS 6.4% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical/Professional office building located in the heart of Destin! Its prime corner location w/a traffic light, provides easy accessibility & significant visibility from the 60,000+ vehicles passing daily along Hwy 98. The corner site also contains a highly visible large marquee sign. Strategically located less than a mile from The Destin Commons, Whole Foods, restaurants & businesses, this professional Office building is fully leased & generates $347,884 annual income & High quality finishes & architectural appeal accent 15,000+ SF Class A office space. 224K Estimated 2025 NOI with 6.4 CAP. The month to month Tenant could vacate if Buyer wants to occupy. Inquire to schedule a private showing.
35 days
on BeachHouse.com
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saves

Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
1.100 Acres

FINANCIAL & COMMUNITY

Okaloosa County

Location

Map
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Ad Statistics

Ad Number
7846752
Viewed
18 times
Listing Status
Active
Added
Jun 12, 2026
Last Refresh
Jul 17, 2026 03:57:28 PM

Listing Information

Data Source
Emerald Coast Association of Realtors
Source Property ID
969488
Listing Agent: Karen K Martineau (License #: 3096846) 850-499-6930
Broker: RE/MAX Coastal Properties 850-837-9900 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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Added: 07/31/2024 • Updated: 04/14/2026
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This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.07.17
Terms & Policy