12272 Us Highway 98, Destin, FL, 32550

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$2,995,000
234 Days On Site

12272 Us Highway 98
Destin, FL 32550

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
County:
Walton
Listing courtesy of Gregory E Ganske of EXP Realty LLC

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

12272 Us Highway 9812272 Us Highway 9812272 Us Highway 9812272 Us Highway 98
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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 See attachments for expansion site plan layout

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Listing Snapshot
Price 
$2,995,000
Days On Site 
234 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.16 Acres
Year Built 
N/A
MLS® Number 
955342
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $2,995,000
8 months agoListing first seen on site
General Features
Acres 
1.16
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Community Features
MLS Area 
15 - Miramar/Sandestin Resort
Listing courtesy of Gregory E Ganske of EXP Realty LLC



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for 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 not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Last checked: 2025-03-14 06:49 AM UTC

Neighborhood & Commute
Source: Walkscore
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