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1688 Scenic Gulf Drive

Miramar Beach, FL 32550
  • $7,900,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 900037
UPDATED: 222 min ago
$7,900,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

SCENIC GULF DRIVE RETAIL BUILDING! Free Standing Building. Highly desirable retail location across the road from the Gulf of Mexico. Tremendous beach visitor traffic. The owner of building occupies the majority of the East side space and has 3 tenants including Dairy Queen, Emerald Coast Beach Home Realty, and Pascali Kitchen, occupying 3 spaces on the West side of the building. Owner could stay as a tenant or relocate.CAM is $4.60 per sq ft annually. Current rent income is $248,814 annually. Owner also willing to sell existing inventory at additional price. Seller has two additional commercial buildings for sale in Miramar Beach. Buyer to confirm all information.

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© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2022-07-04T23:59:15.937.
Vendor Member #28178.
www.searchcoastalluxury.com/homes/129390373
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1688 Scenic Gulf Drive Miramar Beach, FL 32550

  • Price: $7,900,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 222 min ago
  • MLS #: 900037
0
Beds
0
Baths
0
½ Baths
0.45
Acres
Neighborhood:
Miramar/Sandestin Resort
County:
Walton
Area:
Miramar/Sandestin Resort
Property Description
SCENIC GULF DRIVE RETAIL BUILDING! Free Standing Building. Highly desirable retail location across the road from the Gulf of Mexico. Tremendous beach visitor traffic. The owner of building occupies the majority of the East side space and has 3 tenants including Dairy Queen, Emerald Coast Beach Home Realty, and Pascali Kitchen, occupying 3 spaces on the West side of the building. Owner could stay as a tenant or relocate.CAM is $4.60 per sq ft annually. Current rent income is $248,814 annually. Owner also willing to sell existing inventory at additional price. Seller has two additional commercial buildings for sale in Miramar Beach. Buyer to confirm all information.
Exterior Features

Lot Size Dimensions 200 X 98

Property Features

Business Name Paradise Found New Construction YN No Property Class Commercial Property Condition Existing Zoning Commercial

Listing courtesy of Re/Max By The Sea.


© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2022-07-04T23:59:15.937.
Vendor Member #28178.
 
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Coastal Luxury
9961 East County Highway 30A, Suite 1
Seacrest FL, 32413