This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$975,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
Positioned within one of Destin's most sought-after commercial corridors, this meticulously maintained office and warehouse property presents an exceptional opportunity to acquire a refined, highly functional business environment with commanding frontage and outstanding accessibility. Thoughtfully designed to accommodate professional and medical users alike, the interior showcases multiple private executive offices with the flexibility to expand into an enhanced reception or client waiting experience. The space is complemented by two well-appointed restrooms and a fully functional kitchen, delivering both convenience and operational efficiency for staff and clientele. The property further distinguishes with seamless dual-access entry points at both the front and rear, warehouse storage area with dedicated garage access provides secure and practical space for inventory, equipment, or operational expansion. Surrounded by established, reputable neighboring businesses, the property benefits from strong professional synergy and consistent area traffic. Ample on-site parking ensures ease of access for employees and visitors alike , a highly valued amenity in this thriving commercial district. Adding to its investment appeal, the building is currently occupied by a reputable medical tenant, generating immediate income with a lease in place through April 30, 2026, and offering future renewal potential subject to negotiation with new ownership. Combining prestige, versatility, and income-producing stability, this property represents a rare offering within Destin's dynamic and continually growing business landscape.
Full Property Details
Full Property Details for 36468 Emerald Coast Pkwy #Lot 5
General
- Price: $975,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 994448
- Updated: 2/19/2026
- Added to Site: 60 day(s) ago
Location
- Area: 14 - Destin
- County: Okaloosa
- Driving Directions: The Old South Centre is one mile east of Regatta Bay on the North Side of Emerald Coast Pkwy/98 just before Emerald Bay Golf Course Community. The warehouse is straight in the back.
Lot Features
- Lot Size (Acres): 0.64
Disclosures and Reports
- Legal Description: Old South Centre Offc Complex Ph II Lot 5
- APN: 002S22194500000050
Listed by Watersound Real Estate
Get Pre-Approved Today
Schools
Schools serving 36468 Emerald Coast Pkwy #Lot 5
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.8 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 5.5 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 14.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 36468 Emerald Coast Pkwy #Lot 5
Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$975,000
-15.22%
MLS
2/03/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 36468 Emerald Coast Pkwy #Lot 5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,184
9%
$353,257
9%
2024
$3,848
-4%
$324,811
-4%
2023
$4,022
8%
$336,642
12%
2021
$3,740
-5%
$301,160
-8%
2022
$3,949
6%
$327,709
1%
2021
$3,740
-10%
$325,357
-1%
2019
$4,169
-9%
$328,646
-8%
2018
$4,562
5%
$355,313
6%
2017
$4,364
-1%
$333,916
-2%
2016
$4,404
-7%
$339,057
-5%
2015
$4,716
3%
$356,016
4%
2014
$4,596
5%
$342,679
6%
2013
$4,387
—
$324,433
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 36468 Emerald Coast Pkwy #Lot 5
36468 Emerald Coast Parkway #Lot 5, Destin, FL 32541 (MLS# 994448) is a Commercial property. 36468 Emerald Coast Parkway #Lot 5 is currently listed for $975,000 and was received on February 03, 2026. Want to learn more about 36468 Emerald Coast Parkway #Lot 5? Do you have questions about finding other Commercial real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

