# 4635 Gulfstarr Drive, Destin, FL 32541

> **TL;DR:** commercial, $3,399,500. Est. $18,182/mo. Listed 610 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,399,500 |
| Lot Size | 47,916 sqft (1.10 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 610 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $17,190 |
| Estimated Insurance | $992 |
| **Total** | **$18,182** |

## Property Highlights

- 1.10 acre lot

## Description

### Agent Description
7.5% CAP RATE on this 2 story CLASS A, FULLY LEASED Medical/Professional office building located in the heart of Destin! Its prime corner location w/a traffic light, provides easy accessibility & significant visibility from the 60,000+ vehicles passing daily along Hwy 98. The corner site also contains a highly visible large marquee sign. Strategically located less than a mile from The Destin Commons, Whole Foods, restaurants & businesses, this professional Office building is fully leased & generated $381,877 annual income in 2025. High quality finishes & architectural appeal accent this 15,000+ SF Class A office space. With 255K estimated 2026 NOI and 7.5% estimated CAP., this opportunity won't last long. The month to month Tenant could vacate if Buyer wants to occupy a potion of the building. Inquire to schedule a private showing.

## Location

- **Address:** 4635 Gulfstarr Drive, Destin, FL 32541
- **County:** Okaloosa
- **Coordinates:** 30.388021, -86.413576
- **Google Maps:** https://www.google.com/maps?q=30.388021,-86.413576

## Listing Agent

- **Name:** Karen K Martineau · **License:** 3096846
- **Brokerage:** RE/MAX Coastal Properties
- **Broker Phone:** (850) 837-9900

## Photos

![4635 Gulfstarr Drive - Photo 1](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2797065320r.jpg)

![4635 Gulfstarr Drive - Photo 2](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3531558684r.jpg)

![4635 Gulfstarr Drive - Photo 3](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3606587708r.jpg)

![4635 Gulfstarr Drive - Photo 4](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f122184160r.jpg)

![4635 Gulfstarr Drive - Photo 5](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1847224045r.jpg)

![4635 Gulfstarr Drive - Photo 6](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1904621159r.jpg)

![4635 Gulfstarr Drive - Photo 7](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2256560471r.jpg)

![4635 Gulfstarr Drive - Photo 8](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1555293656r.jpg)

![4635 Gulfstarr Drive - Photo 9](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f806616932r.jpg)

![4635 Gulfstarr Drive - Photo 10](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3822638778r.jpg)

![4635 Gulfstarr Drive - Photo 11](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f462768745r.jpg)

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![4635 Gulfstarr Drive - Photo 30](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3191591940r.jpg)

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![4635 Gulfstarr Drive - Photo 33](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1537964727r.jpg)

![4635 Gulfstarr Drive - Photo 34](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f824571770r.jpg)

![4635 Gulfstarr Drive - Photo 35](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3008509501r.jpg)

![4635 Gulfstarr Drive - Photo 36](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1921836039r.jpg)

![4635 Gulfstarr Drive - Photo 37](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3201172467r.jpg)

![4635 Gulfstarr Drive - Photo 38](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1676296484r.jpg)

![4635 Gulfstarr Drive - Photo 39](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2447775111r.jpg)

![4635 Gulfstarr Drive - Photo 40](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f439092802r.jpg)

![4635 Gulfstarr Drive - Photo 41](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f326251457r.jpg)

![4635 Gulfstarr Drive - Photo 42](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1399767759r.jpg)

![4635 Gulfstarr Drive - Photo 43](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1151825208r.jpg)

![4635 Gulfstarr Drive - Photo 44](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f306231473r.jpg)

![4635 Gulfstarr Drive - Photo 45](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1247534622r.jpg)

![4635 Gulfstarr Drive - Photo 46](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3923977926r.jpg)

![4635 Gulfstarr Drive - Photo 47](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2506446429r.jpg)

![4635 Gulfstarr Drive - Photo 48](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1119622971r.jpg)

![4635 Gulfstarr Drive - Photo 49](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1414567548r.jpg)

![4635 Gulfstarr Drive - Photo 50](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1197452471r.jpg)

![4635 Gulfstarr Drive - Photo 51](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2814772987r.jpg)

![4635 Gulfstarr Drive - Photo 52](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1847014984r.jpg)

![4635 Gulfstarr Drive - Photo 53](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f779123593r.jpg)

![4635 Gulfstarr Drive - Photo 54](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2318009433r.jpg)

![4635 Gulfstarr Drive - Photo 55](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3188380394r.jpg)

![4635 Gulfstarr Drive - Photo 56](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3394135660r.jpg)

![4635 Gulfstarr Drive - Photo 57](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f926347170r.jpg)

![4635 Gulfstarr Drive - Photo 58](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f495905373r.jpg)

![4635 Gulfstarr Drive - Photo 59](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1256561319r.jpg)

![4635 Gulfstarr Drive - Photo 60](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f1835457050r.jpg)

![4635 Gulfstarr Drive - Photo 61](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2250214060r.jpg)

![4635 Gulfstarr Drive - Photo 62](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f264121495r.jpg)

![4635 Gulfstarr Drive - Photo 63](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2626521867r.jpg)

![4635 Gulfstarr Drive - Photo 64](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f2428421437r.jpg)

![4635 Gulfstarr Drive - Photo 65](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f3626941225r.jpg)

![4635 Gulfstarr Drive - Photo 66](http://lh.rdcpix.com/6be9fabc09ee9d230979870365fb2e3bl-f159210008r.jpg)

---

**MLS#:** 969488 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/4635-gulfstarr-drive-destin-fl-32541-354040b5eb2341e1b883578dc43d6c12)

---

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