Address
12244 Us-98, Destin, FL
Price
$ 10,950,000
Property Attributes
  • MLS#898459
  • TypeCommercial
  • CountyWALTON
  • CityDestin
  • AreaMiramar-Sandestin Resort
  • Zip32550
  • Style
  • Price$ 10,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.18 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description

This rare assemblage of prime retail, showroom, and warehouse does not currently exist in the local market, which is adjacent to the synergistic retail nucleus of Silver Sands Outlet Mall and centralized to all the local mixed-use districts, successfully drawing population from all local peripheral sub-markets, including but not limited to Destin and Scenic 30A of Santa Rosa Beach, Florida. Fronting Highway 98 in Miramar Beach, Florida, nearly 50,000 vehicles pass by its 196 fronting feet daily, which ingress and egress lures the traffic into the retail facilities through the convenience of the traffic light at North Geronimo Street and Highway 98. The current owner has committed significant capital to renovate both buildings, which even includes approximately $300,000 for new...

Price History
5/14/2022 Listed $12,000,000
1/22/2023 9% - $10,950,000

General Features

County Walton
New Construction No
Property Type E
Status Active
Directions MapQuest: 12244 US Highway 98 West,Miramar Beach,FL 32550 and 106 North Geronimo Street,Miramar Beach,FL 32550
City Destin
MLS Area 15 - Miramar/Sandestin Resort
Lot Size Square Feet 138520.8
Street Name US-98
Property Condition Existing
MLS Area Minor 1501 - Miramar Beach North
Standard Status Active

Exterior Features

Lot Size Area 3.18
Lot Size Acres 3.18
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32550

Price
AVG $3.85M
$10.95M
Visits
AVG 81
284
Data Provided by Inside Real Estate®
Walkscore
AVG 41
36
Data Provided by Walkscore® not using MLS data