Description
SCENIC GULF DRIVE COMMERCIAL RETAIL BUILDING! Free standing building with 3,440 heated sq ft. Highly desirable retail location across the road from the beaches of the Gulf of Mexico. Tremendous resort beach visitor traffic. The owner of the building, Paradise Found, occupies 1,720 sq ft of the building. Frozen Dunes, tenant, has 860 sq ft. Also, 860 sq ft is currently vacant. Owner could stay as tenant or relocate. CAM is $19,691 annually. Current rent income is $140,700 annually. Owner is also willing to sell existing inventory. Parking, 14 spaces. Seller has two additional buildings for sale in Miramar Beach both on Scenic Hwy. 98.. See MLS 897596 and MLS 900037. May be purchased individually or all three properties as a package deal for $19,990,000. Buyer to confirm all informatioRent roll available on request. Potential future rent income higher.
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0BEDS
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0.37ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
SCENIC GULF DRIVE COMMERCIAL RETAIL BUILDING! Free standing building with 3,440 heated sq ft. Highly desirable retail location across the road from the beaches of the Gulf of Mexico. Tremendous resort beach visitor traffic. The owner of the building, Paradise Found, occupies 1,720 sq ft of the building. Frozen Dunes, tenant, has 860 sq ft. Also, 860 sq ft is currently vacant. Owner could stay as tenant or relocate. CAM is $19,691 annually. Current rent income is $140,700 annually. Owner is also willing to sell existing inventory. Parking, 14 spaces. Seller has two additional buildings for sale in Miramar Beach both on Scenic Hwy. 98.. See MLS 897596 and MLS 900037. May be purchased individually or all three properties as a package deal for $19,990,000. Buyer to confirm all informatioRent roll available on request. Potential future rent income higher.
© 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: 2022-08-12T10:59:53.11.
Vendor Member #28178.