Home\Real Estate\Search Results\12272 Us Highway 98, Destin, FL 32550

12272 Us Highway 98, Destin, FL 32550

#955342

Commercial for Sale

$2,995,000

Details

Freestanding Building in Miramar Beach, FL with 8,300 ft Expansion Potential!! Investors take note!!! 7% cap rate with long term leases on current building!!! Welcome to this prime commercial property in Miramar Beach, Florida, This versatile building presents a unique income-producing opportunity, ideal for an owner-user looking to occupy the first floor while retaining a long-term tenant, Causeway Coffee, on the second floor. Key Features: Location: Located in the community of Miramar Beach, Florida, known for its tourism and commercial activities. Size: Nearly 5,000 ft of existing building footprint with potential for an additional 8,300 sq ft of improvements. Click here for a virtual tour of the building: https://tour.pivo.app/view/68be7b34-f5d2-493b-873e-a1c07940e7a2 See attachments for expansion site plan layout
GENERAL
Real Estate Type Commercial for Sale
Full Bathrooms 0
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 1
Stories 0
Lot Size Units Acres
Lot Size Area 1
Agent MLS Id E29193
Office Key 20,180,608,213,002,200,000,000,000
Source System Name Emerald Coast Association of REALTORS®
Source System Id M00000138
Elevation 0
Parcel Number 29-2S-21-42000-011-0012
Number Of Units Total 0
Tax Legal Description COM SE/C NW4 SEC 29-2S-21W
N 02 DEG 16'03''E 302.05FT TO N ROW ST RD 30 (US 98) N 87 DEG 28'57''W ALG ROW 768.38FT
CONT N 87 DEG 28'57 W ALG ROW 540.18FT TO POB; CONT ALG LAST DESC COURSE 300FT
N 02 DEG 24'37''E 400FT
S 87 DEG 37'23''E 300FT
S 02 DEG 24'37''W 400FT TO POB. OR 1360-139 OR 1360-142 LESS AND EXCEPT: W 174FT OF THE ABOVE DESC PRCL. OR 2925-1601 OR 3264-689
Special Listing Conditions []
Internet Address Display True
Internet Automated Valuation Display False
Property Condition ["Existing"]
Agent Name Gregory E Ganske
Agent Email [email protected]
Broker Id EEXX
Office Name EXP Realty LLC
Square Feet 0
Listing Contract Date 7/23/2024
Status Pending
BUILDING
Fireplace False
Parking Total 0
Waterfront Features []
Private Pool False
Spa False
LOCATION
Directions North side of 98 just to the west of Gold's Gym and just to the east of Holiday Rd Intersection
County Walton
Waterfront False

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