$2,995,000

12272 Us Highway 98 , Destin, FL 32550

 
Bedrooms:0 beds
Bathrooms:0 baths
Other:0 sqft
Lot:1.16
Year Built:--
Listing Status:Active

Listing Agent

Gregory Ganske
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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 See attachments for expansion site plan layout

Detailed Items

Other Information

12272 Us Highway 98, Destin, FL, 32550 is a other listing of 0 sqft on a lot of 1.16. This other listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property12272 Us Highway 98, Destin, FL
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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