Address
12500 Us-98 Miramar Beach, FL
Price
$ 3,790,000
Property Attributes
  • MLS#832566
  • TypeCommercial
  • CountyWALTON
  • CityMiramar Beach
  • AreaMiramar-Sandestin Resort
  • Zip32550
  • StyleRetail
  • Price$ 3,790,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25235
  • Lot Size1.53 Acres
Listing Provided Courtesy Of:
Taylor Allen Properties LLC
Property Description

Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8" eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the business can be included in the purchase of the property at no additional expense

Price History
10/2/2019 Listed $3,790,000

General Features

Area 15 - Miramar/Sandestin Resort
As Is Yes
Sub Area 1501 - Southwest Walton North
Zoning Coastal Center

Exterior Features

Acreage 1.53
Lot Dimensions 160 x 390
Lot Frontage 160.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32550

Price
AVG $1.28M
$3.79M
Visits
AVG 43
63
Year Built
AVG 1998
1994
Walkscore
AVG 35
43
Data Provided by Walkscore ® not using MLS data

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