
Commercial Sale · Retail
36070 Emerald Coast Parkway, FL 32541, FL, 32541
Active41 days on marketListed Jun 22, 2026MLS #B26044362
About this property
The property at a glance
PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $3M+ per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.
10,274
Building sq ft
$400
Price / sq ft
0.57
Lot acres
2003
Year built
1
Unit
1
Building
CG
Zoning
Retail
Property type
The numbers
Investment snapshot
7%
Cap rate
$288,000
Net operating income
$4,114,286
Price / unit
1
Unit
Estimated payment (illustrative)
Estimated payment
$20,088/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Alek to connect you with a commercial lender for real numbers.
Your team
The pros in your corner
Your agent
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 36070 Emerald Coast Parkway — start here.

Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 36070 Emerald Coast Parkway.
See it in person
Schedule a tour
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