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Lot For Sale
12272 US-98
Destin, Florida 32550
Walton CountyCommunity:
$2,700,000
0.650 acres
Freestanding Building in Miramar Beach, FL with Expansion Potential
Welcome to this prime commercial property in Miramar Beach, Florida, This versatile building presents a unique income-producing opportunity, ideal for an owner-user looking to occupy the first floor while retaining a long-term tenant, Causeway Coffee, on the second floor.
Key Features: Location: Located in the vibrant community of Miramar Beach, Florida, known for its tourism and commercial activities. Size: Nearly 5,000 ft of existing building footprint with potential for an additional 8,000 sq ft of improvements, perfect for expanding current operations.
Tenancy: Secure income stream with Causeway Coffee occupying the second floor with a long-term lease. This Listing is for the front building and current parking. The approx 0.5 acres behind the building can be purchased for an additional $550K if purchased along with the front building. If purchaser wants to purchase the front building only, the closing will be subject to the property going through the subdivision process with Walton County. The acreage listed is only an approximate and will be finalized once the subdivision process has been completed.
- Lot Size: 0.650 acre
- Lot Dimensions:
- View Types:
- MLS #: 961517
Contact Information:
Call now 1-855-943-4259 |
Listing Agent: Gregory E Ganske, EXP REALTY LLC, 512-769-3230, 888-883-8509
Listing Site, Listing Status: Active
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5484772
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Updated: Oct 21, 2024