Features & Amenities

Interior

Exterior

  • Garage

    No

Area & Lot

  • Lot Size(acres)

    3.09

  • Property Type

    Commercial Sale

Financial

  • Sales Price

    $6,995,000

  • Zoning

    Commercial

Property Features

  • Senior Community YN

    No

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Location

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Okaloosa

Elementary School

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Listing Courtesy of Jim Ball , Century 21 AllPoints Realty

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Discover an exceptional commercial property steeped in history and located in the heart of Destin, Florida, the world's luckiest fishing village. St. Andrews by the Sea Episcopal Church has owned the property since 1931 and offers a unique opportunity for redevelopment or repurposing.This iconic landmark boasts a prime 3.09-acre location with 260 feet fronting Harbor Boulevard overlooking Destin Harbor and extending back to Mountain Drive on the north with 360 feet of frontage, providing high visibility and easy access.Currently zoned Institutional, it also falls within the North Harbor Mixed Use zoning district which allows for a variety of potential commercial uses, including hospitality, restaurant, retail, office, or mixed-use development. With a prime location situated in a high-traffic area it has an average daily traffic of 48,500 vehicles. Ample parking (133 spaces) on-premises and nearby public parking (148 spaces) with easy access to Harbor Blvd (Hwy 98) and Mountain Drive on the rear. The property's rich historic charm and architectural details offer potential for creative redevelopment. The Protestant Episcopal Church took possession of the property on May 25, 1931, and was one of the first twenty landowners in Destin, expanding from an original 1.38 acres to the current 3.09 acres. Expansion over the years created the iconic hexagonal sanctuary that seats 650. Explore the possibility of adaptive reuse of the historic buildings or new construction to maximize the property's value.
This property presents an extraordinary opportunity for developers, investors, and entrepreneurs to create a distinctive project in a thriving coastal community. Whether you envision a boutique hotel, a trendy restaurant, or a unique retail destination, the property at St. Andrews by the Sea Episcopal Church offers endless possibilities.
By carefully researching and considering new zoning, historical preservation and community engagement, you can unlock the full potential of this remarkable property and create a lasting legacy in the heart of Destin.
Disclaimer: Please note that the information contained herein is deemed correct but not guaranteed. The potential buyer should exercise due diligence to determine suitability for its particular use.

307 Harbor Boulevard

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Related Properties

THIS LISTING IS OFFERING THE RETAIL BUILDING along HIGHWAY 98 SEPARATE from the ADJACENT WAREHOUSE & SUPPLEMENTAL SHOWROOM BUILDING LOCATED (MLS 979969) at 106 N Geronimo Street, Miramar Beach, FL 32550.  This rare assemblage of prime retail, showroom, and warehouse is an extreme rarity in the local market, which is adjacent to the synergistic retail nucleus of Silver Sands Outlet Mall, Grand Boulevard, Destin Commons, and Sandestin, and centralized to all the local mixed-use districts, successfully drawing population from all local peripheral sub-markets, including but not limited to Destin and Scenic 30A of Santa Rosa Beach, Florida. Fronting Highway 98 in Miramar Beach, Florida, nearly 50,000 vehicles pass by its 196 fronting feet daily, which ingress and egress lures the... traffic into the retail facilities through the convenience of the traffic light at North Geronimo Street and Highway 98. The current owner has committed significant capital to renovate both buildings, which even includes approximately $300,000+ for new escalators to service the second floor of the main showroom.  Parcel 1 contains a two-story building, oriented on approximately 1.18 acres, hosting prime retail and showroom space, as well as private offices, collectively measuring approximately 26,893 conditioned square feet. There is a 3rd floor that accommodates a spectacular executive office, accessible via a private & secured "floating" staircase. The structural integrity of the building is phenomenal, and the finishes throughout are exceptional. Parcel 2 contains a warehouse, office, and showroom, situated on approximately 2 acres, and constructed in 2004, measuring approximately 11,282 square feet on two floors. The warehouse contains a broad loading dock area and massive rack system with a lift and guide rails. Both buildings project an architecturally magnificent image.  This opportunity is irreplaceable locally, as land development code would neither accommodate this massive yield, nor would a developer endeavor upon such a project, as the inflationary costs of this era, coupled with land costs, (even if such prime vacant land at a traffic light were available), which is non-existent), would likely much exceed $20,000,000+. The current business is operating a record-breaking levels, year over year; thus the attributable value to this extremely prime site and assemblage is likely understated.  All showings are by appointment only and require 48+ hours advanced notice. The listing broker must accompany all showings. Financial credentials are required prior to confirmation of any showings. Please do not approach any onsite staff.
#980821

Destin

12244 US-98

None Beds

None Baths

N/A

$7,950,000

MLS#: 980821

 - property

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