Destin, FL 32550,12272 Us Highway 98
Destin, FL 32550,12272 Us Highway 98
Destin, FL 32550,12272 Us Highway 98
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$2,995,000
Est. payment /mo
3,860 SqFt
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UPDATED:

01/17/2025 06:27 PM

Key Details

Property Type Single Family Home, Commercial

Sub Type Low Rise

Listing Status Active

Purchase Type For Sale

Square Footage 3,860 sqft

Price per Sqft $775

MLS Listing ID 955342

Year Built 2015

Lot Size 1.160 Acres

Acres 1.16

Property Sub-Type Low Rise

Property Description

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

Location

State FL

County Walton

Area 15 - Miramar/Sandestin Resort


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Listed by EXP Realty LLC

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agent

Gabriela Orozco

+1(850) 586-6703

Agent | License ID: SL3514043

Agent License ID: SL3514043

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