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12500 Emerald Coast Parkway

Miramar Beach, FL 32550
  • $2,850,000
  • STATUS: Closed
  • ON SITE: 344 Days
  • MLS #: 881273
Sold - 12/29/2021
$2,850,000
SOLD - 12/29/2021
  • 0
    BEDS
  • 1.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the The owner's are retiring and are in the process of closing.

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© 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 ENGEL & VÖLKERS. Vendor Member number: 28178. Data last updated: 2022-08-18T23:59:18.603.
Vendor Member #28178.
www.30afineliving.com/homes/121213205
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12500 Emerald Coast Parkway Miramar Beach, FL 32550

  • Price: $3,500,000
  • Status: Closed
  • On Site: 344 Days
  • Updated: 77 min ago
  • MLS #: 881273
0
Beds
0
Baths
0
½ Baths
1.53
Acres
Neighborhood:
Miramar/Sandestin Resort
County:
Walton
Area:
Miramar/Sandestin Resort
Property Description
Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the The owner's are retiring and are in the process of closing.
Exterior Features

Lot Size Dimensions 160 X 390

Property Features

Business Name Smith's Antique Mall New Construction YN No Property Class Commercial Property Condition Existing Zoning Coastal Center

Listing courtesy of Taylor Allen Properties Llc: (850) 259-2894.


© 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 ENGEL & VÖLKERS. Vendor Member number: 28178. Data last updated: 2022-08-18T23:59:18.603.
Vendor Member #28178.
 
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ENGEL & VÖLKERS
3557 E. Co. Hwy 30A
Santa Rosa Beach FL, 32459