12500 Emerald Coast Parkway

Miramar Beach, FL 32550 View Map $2,850,000 Ask a Question
Acres1.53
12500 Emerald Coast Parkway Miramar Beach, FL 32550 | MLS 881273 Photo 1
12500 Emerald Coast Parkway Miramar Beach, FL 32550 | MLS 881273 Map
Ben and Cherie

Ben and Cherie

(850) 588-6181

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Status: Sold
Property Type:Commercial
MLS #:881273
Date Sold:12/29/2021
Lot Size:1.53 Acres
County:Walton
Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the The owner's are retiring and are in the process of closing.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
11/12/2021$3,800,000$3,500,000-7.9%
1/2/2022$3,500,000$2,850,000-18.6%

Community Information

Address:12500 Emerald Coast Parkway Miramar Beach, FL 32550
Area:Miramar/Sandestin Resort
County:Walton
City:Miramar Beach
Zip Code:32550
SubArea:1501 - Southwest Walton North

Features / Amenities

Driveway Spaces: 160.00
Street Spaces: 390.00

Property Features

Lot Size: 1.53 Acres
Lot Dimensions:160 x 390
Zoning:Coastal Center
Directions:Smith's Antique Mall is located at the intersection of HWY 98 and N Holiday Rd in Miramar Beach FL.

Schools

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Listing Information Last Updated 1/23/2022
Listing provided courtesy of Taylor Allen Properties LLC.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2022, All rights reserved.