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10685 Emerald Coast Pky
Sandestin, FL 32550
Circle K · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 5,656 Total SF 3,422 SF heated & cooled; 0.6-acres
- Current Tenant with Income: Immediate cash flow from an active tenant, providing stable income while securing replacement tenant at higher market rent
- Convenience Retail Potential: Ideal for convenience-oriented retail concepts, QSR, or complementary services to capture local and tourist traffic.
- Existing Gas Station: Fully operational with established infrastructure and fuel service capabilities. Current operator expected to relocate in 2027.
- Prime Location on US-98: High-visibility site along a major corridor in Destin/Miramar Beach, with strong traffic counts and accessibility.
- Strong Demographics & Tourism: Located in a thriving coastal market with robust year-round activity and seasonal tourism spikes.
EXECUTIVE SUMMARY
Prime Investment Opportunity on Emerald Coast Parkway (US Hwy 98) in Destin, FL! This high-visibility property features an existing gas station with a current income-producing tenant, offering immediate cash flow , and a value-add opportunity to re-tenant and mark rent to market upon current tenant‘s lease expiration in 2027. Located in a thriving coastal market with strong demographics and heavy tourist traffic, the site is ideal for convenience retail, QSR, or redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,462 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.60 AC
Zoning
HWY 98
Parking
14 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 28-2S-21-42000-008-0020 | Improvements Assessment | $343,877 |
| Land Assessment | $693,000 | Total Assessment | $1,036,877 |
PROPERTY TAXES
Parcel Number
28-2S-21-42000-008-0020
Land Assessment
$693,000
Improvements Assessment
$343,877
Total Assessment
$1,036,877
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