1688 Scenic Gulf Drive, Miramar Beach, FL 32550

  • $8,450,000
  • $8,650,000
1688 Scenic Gulf Drive, Miramar Beach, FL 32550
Active Existing

1688 Scenic Gulf Drive, Miramar Beach, FL 32550

1688 Scenic Gulf Drive, Miramar Beach, FL 32550
  • $8,450,000
  • $8,650,000

Overview

  • Commercial For Sale
  • Property Type
  • 931628
  • MLS#

Description

HUGE PRICE IMPROVEMENT! Free Standing Building. Highly desirable retail location across the road from the Gulf of Mexico. Tremendous resort visitor traffic. The owner of building occupies the majority (4574sq ft) and has 3 other tenants including national franchise Dairy Queen, Emerald Coast Beach Home Realty, and Pascali Kitchen, all lease are on the back end of their term. Owner could stay as a tenant or relocate. CAM is $34,639.35 annually. Current rent income is $248,814 annually, with owner paying well below market rent. Owner also willing to sell existing inventory if buyer wants to continue retail business. If torn down, can be built up to 3 stories. ***Owner wants to sell all 3 listings together 1200, 1688 & 2052 Scenic Gulf Dr at $18,500,000

  • Address 1688 Scenic Gulf Drive
  • City Miramar Beach
  • State/county FL
  • Zip/Postal Code 32550

Details

Updated on August 13, 2024 at 6:36 pm
  • Property ID: HZ931628
  • Price: $8,450,000
  • Land Area: 0.45 Acres
  • Garage Size: x x
  • Property Type: Commercial For Sale
  • Property Status: Active
  • MLS#: 931628

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What's Nearby?

Active Life
Pro-Active Medical Center (7.4 mi)
Exceptional 4 reviews
Active Healing Massage & Wellness (34.11 mi)
Exceptional 4 reviews
Active Foot Care (44.33 mi)
Exceptional 2 reviews
Emerald Coast Beach Homes (0.01 mi)
Exceptional 1 reviews
Bad Ass Coffee of Hawaii (0.02 mi)
Good 375 reviews
Emerald Blue (0.09 mi)
0 reviews
Health & Medical
Bad Ass Coffee of Hawaii (0.02 mi)
Good 375 reviews
Forever Young Skin & Hair Spa (0.21 mi)
Average 227 reviews
Frozen Dune Rolled Ice Cream & Coffee (0.37 mi)
Good 93 reviews
Zimmerman Sports Chiropractic (0.46 mi)
Exceptional 10 reviews
Smileology Miramar Beach - Implant, Cosmetic & Family Dentistry (0.46 mi)
Good 24 reviews
Bibek Nakarmi, DDS - Smileology (0.46 mi)
0 reviews
Pets
Austins Pet Sitting And House Cleaning (0.69 mi)
0 reviews
Patrick Barry, DVM (1.27 mi)
0 reviews
Barry Veterinary Hospital (1.27 mi)
Good 22 reviews
Goochie Poochie Doggie Resort & Spa (1.66 mi)
Good 27 reviews
Big Boy Builds (1.91 mi)
0 reviews
Emerald Coast Memories (0.32 mi)
Exceptional 1 reviews
Restaurants
DQ / Orange Julius Store (0.01 mi)
Fair 27 reviews
Daniel (0.01 mi)
0 reviews
Pascalli Kitchen (0.02 mi)
Exceptional 243 reviews
Bad Ass Coffee of Hawaii (0.02 mi)
Good 375 reviews
Whale's Tail At Seascape (0.29 mi)
Average 552 reviews
Kevin & Chelsea's Luau (5.11 mi)
Exceptional 1 reviews

Contact Information

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