42 Business Centre Drive 203,204,205,206, Miramar Beach, FL 32550 (MLS# 967938)

42 Business Centre Drive 203,204,205,206, Miramar Beach, FL 32550

$725,000

Property Type: Commercial for Sale Status: Sold

Current Price: $919,999 List Date: 2/06/2025 Last Modified: 3/03/2025

Description

Income producing office space! Fully leased professional office space within The Summit office building located in Miramar Beach, FL. These 2nd floor office units are occupied by two separate tenants with long standing history within this facility. Both leases are triple net where the tenant pays for its Base Rent, Association Dues and Taxes. Call Brett Stuart for additional details.

More Information MLS# 967938

None

Current Price: $725,000

Status Change Info

Status: Sold Under Contract Date: 2025-02-24 Sold Date: 2025-02-28 Sold Price: $725,000

Contract Info

GCCMLS Number: 41890132 List Date: 2025-02-06 List Price: $919,999 Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 42 Street Name: Business Centre Drive State: FL Zip Code: 32550 County: Walton Parcel ID: 29-2S-21-42625-000-0203; 0204; 0205; 0206

General Property Info

Listed on GCCMLS: Yes Vacant: No

Income Producing

Net Operating Income: 68988 Cap Rate: 7.5 Property Type: Office

Office

Unit SqFt: 3722 Net Operating Income: 68988 Cap Rate: 7.5 # of Units: 4

Property Features

Class: Income Producing; Office Construction Status: Existing

Listing Office: Taylor Allen Properties LLC

Last Updated: March - 03 - 2025

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.