Free standing building, 3,440 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 1720 sq ft of the building. Frozen Dunes, tenant, has 860 sq ft. on an older lease. Emerald coast cruiser occupies 860 sq ft on a brand new lease. CAM is $19,691 annually. Current rent income is $230,700 annually. Owner could stay as tenant or relocate, owner is also willing to sell existing inventory to new buyer. Able to build apartments on top of commercial space. ***Owner wants to sell all 3 listings together 1200 Scenic Gulf, 1688 Scenic Gulf & 2052 Scenic Gulf as a package deal for only $18,999,999***

Listing courtesy of Donald T Janovyak of Emerald Coast Realty Group



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Last checked: 2025-03-14 07:11 AM UTC