12272 US-98 Active Save Request In-Person Tour Request Virtual Tour
Destin,FL 32550
Key Details
Property Type Single Family Home, Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,860 sqft
Price per Sqft $699
MLS Listing ID 961517
Year Built 2015
Lot Size 0.650 Acres
Acres 0.65
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