221 Business Centre Drive, Miramar Beach, FL 32550

New Listing
$1,400,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $1,400,000 List Date: 4/14/2026 Last Modified: 4/14/2026

Description

Prime Industrial/Flex Opportunity Discover a versatile and high-yield investment at 221 Business Centre. This expansive 5,450 sq. ft. industrial/flex property is strategically situated in one of the most sought-after commercial pockets between Destin and Sandestin, offering unparalleled access to Highway 98 and the Scenic Gulf Drive areas. The Property Total Square Footage: 5,450 sq. ft. (4,000 sq. ft. primary structure + 1,450 sq. ft. rear addition). Warehouse Features: The facility boasts three 14-foot overhead doors, providing effortless access for large equipment, vehicles, or distribution needs. Bonus Storage: An insulated storage container is located on-site, perfect for climate-sensitive inventory or specialized equipment.

Supplements: Residential Component: A unique upstairs apartment features a full kitchen and bathroom, offering an on-site living option for an owner-operator or an additional stream of rental income. Professional Space: The layout includes multiple well-appointed offices, balancing industrial utility with administrative comfort. Income & Versatility This property is a proven producer designed for maximum flexibility. Whether you are looking for a corporate headquarters or a multi-tenant income play, the configuration allows for easy subdivision. Current Revenue: Side A is successfully leased at $4,000/month. Pro Forma Potential: Side B and the rear storage area are currently vacant, with the potential to command an additional $5,000/month. Full Occupancy Projection: Total gross monthly income is estimated at $9,000 when fully stabilized. Location Advantage Positioned in the heart of the Miramar Beach commercial corridor, this location serves the high-density markets of both Destin and Sandestin. Its proximity to luxury developments and the tourist-heavy Scenic Gulf Drive makes it an ideal hub for service providers, wholesalers, or luxury storage. Don't miss this rare opportunity to acquire a high-cap-rate asset in a supply-constrained market.

More Information MLS# 1000622

Contract Info

GCCMLS Number: 999999 Listing Board: Emerald Coast List Date: 2026-04-07 List Price: $1,400,000

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Legal Description: LOT 9 EMERALD COAST BUSINESS CENTER PB 17-98 OR 2763-393 OR 3002-4984 OR 3190-1108 OR 3324-4223 OR 3365-1180

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: Yes Acreage: 0.32

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Prime Industrial/Flex Opportunity Discover a versatile and high-yield investment at 221 Business Centre. This expansive 5,450 sq. ft. industrial/flex property is strategically situated in one of the most sought-after commercial pockets between Destin and Sandestin, offering unparalleled access to Highway 98 and the Scenic Gulf Drive areas. The Property Total Square Footage: 5,450 sq. ft. (4,000 sq. ft. primary structure + 1,450 sq. ft. rear addition). Warehouse Features: The facility boasts three 14-foot overhead doors, providing effortless access for large equipment, vehicles, or distribution needs. Bonus Storage: An insulated storage container is located on-site, perfect for climate-sensitive inventory or specialized equipment.

Class

Income Producing: 1 Industrial: 1 Other: 1

Industrial

Property Type: Flex Space

Income Producing

Property Type: Industrial

Other

# of Units: 2

None

Current Price: $1,400,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 221 Street Name: Business Centre Street Suffix: Drive State: FL Zip Code: 32550 County: Walton Parcel ID: 29-2S-21-42100-000-0090

Property Features

Class: Income Producing; Industrial; Other
Listing Office: EXP Realty LLC
Last Updated: April - 14 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.