100 Beach Drive 2,3,4,7,8,9, Destin, FL 32541

$1,800,000
Property Type: Commercial for Sale Status: Sold
Current Price: $1,800,000 List Date: 11/26/2025 Last Modified: 12/23/2025

Overview

Description

Owning six units at Beach Lofts in Destin gives investors a rare chance to secure immediate cash flow in one of the most consistent rental markets along the Emerald Coast. Four of the six units are already leased at an average of $2,900 per month, which means income starts on day one with clear potential for rent growth as demand continues to rise. Buyers also have the flexibility to purchase fewer units if desired, with six being the maximum available in this bulk offering. Each townhome offers approximately 1,758 square feet of thoughtful design beginning with an open main level where a spacious family room flows to the covered patio through double doors.

Supplements: The kitchen brings plenty of appeal with white cabinetry, stainless steel appliances, and a large island with seating. A half bath completes the main level. Upstairs, all three bedrooms are well appointed including a large primary suite with a window seat, walk-in closet, and private ensuite with double vanity, tile shower, and water closet. The se ...

Listing Details MLS# 990398

Status Change Info

Under Contract Date
2025-12-07
Sold Date
2025-12-22

Contract Info

GCCMLS Number
43905167
Listing Board
Emerald Coast

Location Tax and Legal

Area
14 - Destin
Street #
100
Street Name
Beach
Street Suffix
Drive
State
FL
Zip Code
32541
County
Okaloosa
Parcel ID
00-2S-22-7007-0000-0040

General Property Info

Listed on GCCMLS
Yes
CAM
975
CAM Per
Quarter

Multi-Family

Year Built
2023
# of Units
6
Price P/Unit
416667
Net Operating Income
124425
Cap Rate
4.98

More Information

Location, Tax and Legal

Unit #
2,3,4,7,8,9
Sub Area
1403 - Destin Northwest
Property Name
Beach Lofts
Legal Description
BEACH LOFTS LOT 11, 10, 9, 6, 5, 4

Listing Info, Tax & Legal

As Is
No

Remarks & Misc

Remarks
Owning six units at Beach Lofts in Destin gives investors a rare chance to secure immediate cash flow in one of the most consistent rental markets along the Emerald Coast. Four of the six units are already leased at an average of $2,900 per month, which means income starts on day one with clear potential for rent growth as demand continues to rise. Buyers also have the flexibility to purchase fewer units if desired, with six being the maximum available in this bulk offering. Each townhome offers approximately 1,758 square feet of thoughtful design beginning with an open main level where a spacious family room flows to the covered patio through double doors.

Class

Multi-Family
Yes

Construction Status

Existing
Yes

Property Features

Class: Multi-Family Construction Status: Existing
Listing Office: Compass
Last Updated: December - 23 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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