12555 W US HIGHWAY 98, Miramar Beach, FL 32550

$2,785,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 71,003 Status: Sold
Current Price: $3,050,000 List Date: 6/08/2016 Last Modified: 10/12/2024

Description

Prime in-line retail plaza located in Miramar Beach fronting Highway 98 adjacent to the CVS Drugstore, joined by a contiguous parking lot and drive, and with access to a traffic light at Holiday Rd. and Hwy. 98! This shopping center exhibits a high quality, modernized image and offers a desirable site plan for the convenience of patrons, which appeals to tenants, as well as logistically offering convenience for deliveries through its rear loaded nature that is not commonly found in many plazas along Highway 98! Buyer must verify all details, income, and specifications.

More Information MLS# 754433

None

Current Price: $2,785,000

Status Change Info

Status: Sold Under Contract Date: 2016-08-30 Sold Date: 2016-10-26 Sold Price: $2,785,000

Contract Info

List Date: 2016-06-08 List Price: $3,050,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 12555 Street Direction: W Street Name: US HIGHWAY 98 State: FL Zip Code: 32550 County: Walton Parcel ID: 30-2S-21-42290-000-0110

General Property Info

Listed on GCCMLS: No Description: Hackmeyer Destin Venture, LLC Property Information: please contact broker for further details Vacant: No Immediate Occupancy: No Acreage: 1.63 Lot SqFt: 71003 Lot Frontage: 165 Lot Depth: 430 Zoning: COMMERCIAL Future Land Use: COASTAL CENTER MIXED USE

Retail

Year Built: 2004 Building SqFt: 16126 Price P/SqFt: 189 Net Operating Income: 220000 Cap Rate: 7 # of Units: 4 Property Type: Strip Center

Property Features

Class: Retail Construction Status: Existing
Listing Office: Somers & Company
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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