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9539 W Us-98 Highway, Miramar Beach, FL 32550
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  • MLS#: 767398 ( CommercialSale )
  • Street Address: 9539 W Us-98 Highway
  • Viewed: 39
  • Price: $2,650,000
  • Price sqft: $358
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 7405
  • Days On Market: 176
  • Additional Information
  • Geolocation: 30.3774 / -86.3348
  • County: WALTON
  • City: Miramar Beach
  • Zipcode: 32550
  • Subdivision: Gulf Place
  • Provided by: Counts Real Estate Group Inc
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  • Description
    Prime commercial property located on the highly sought after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale leaseback. The lease is a gross lease, and the current owner is self insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking. Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: LOTS 17 & 18 BLK 2 GULF PINES S/D PB 2-86 OR 2677-4964 OR 2848-40 OR 3180-2021 OR 3243-4166 OR 3245-635
  • Levels: One
  • Area Major: 12 - Walton County
  • Occupant Type: Vacant
  • Parcel Number: 34-2S-21-42060-002-0170
  • Possible Use: Retail
  • The Range: 0.00
  • Views: 39
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com