Skip To Content

1688 Scenic Gulf Drive

Miramar Beach, FL 32550
  • $7,900,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 900037
UPDATED: 13 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 beaches of the Gulf of Mexico. Tremendous resort 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 $34,639.35 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. See MLS 897596 and MLS 900045. Buildings maybe purchased individually or as a package. Buy all three for $19,990,000. Buyer to confirm all infoPotential future rents are much higher. Rent roll available on request.

Monthly Payment Calculator



© 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 Anchor Realty Florida. Vendor Member number: 28178. Data last updated: 2022-08-12T09:59:46.853.
Vendor Member #28178.
www.anchor30a.com/homes/129390373
Print Image

1688 Scenic Gulf Drive Miramar Beach, FL 32550

  • Price: $7,900,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 13 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 beaches of the Gulf of Mexico. Tremendous resort 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 $34,639.35 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. See MLS 897596 and MLS 900045. Buildings maybe purchased individually or as a package. Buy all three for $19,990,000. Buyer to confirm all infoPotential future rents are much higher. Rent roll available on request.
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 Anchor Realty Florida. Vendor Member number: 28178. Data last updated: 2022-08-12T09:59:46.853.
Vendor Member #28178.
 
https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_900037-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_900037-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_900037-2.jpg
Logo
Anchor Realty Florida
5410 East County Highway 30-A, Suite 209
Santa Rosa Beach FL, 32459