Listed by Christopher S Roberts of EXP Realty LLC
Prime Industrial/Flex Opportunity Discover a versatile and high-yield investment at 221 Business Centre. This expansive 5,450 sq. ft. industrial/flex property is strategically situated in one of the most sought-after commercial pockets between Destin and Sandestin, offering unparalleled access to Highway 98 and the Scenic Gulf Drive areas. The Property Total Square Footage: 5,450 sq. ft. (4,000 sq. ft. primary structure + 1,450 sq. ft. rear addition). Warehouse Features: The facility boasts three 14-foot overhead doors, providing effortless access for large equipment, vehicles, or distribution needs. Bonus Storage: An insulated storage container is located on-site, perfect for climate-sensitive inventory or specialized equipment. Residential Component: A unique upstairs apartment features a full kitchen and bathroom, offering an on-site living option for an owner-operator or an additional stream of rental income. Professional Space: The layout includes multiple well-appointed offices, balancing industrial utility with administrative comfort. Income & Versatility This property is a proven producer designed for maximum flexibility. Whether you are looking for a corporate headquarters or a multi-tenant income play, the configuration allows for easy subdivision. Current Revenue: Side A is successfully leased at $4,000/month. Pro Forma Potential: Side B and the rear storage area are currently vacant, with the potential to command an additional $5,000/month. Full Occupancy Projection: Total gross monthly income is estimated at $9,000 when fully stabilized. Location Advantage Positioned in the heart of the Miramar Beach commercial corridor, this location serves the high-density markets of both Destin and Sandestin. Its proximity to luxury developments and the tourist-heavy Scenic Gulf Drive makes it an ideal hub for service providers, wholesalers, or luxury storage. Don't miss this rare opportunity to acquire a high-cap-rate asset in a supply-constrained market.

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 Based on information submitted to FL_ECAR as of August 14, 2026 5:43 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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