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REDUCED
  • MLS® #: 812651
  • 12500 Emerald Coast Pkwy
  • MIRAMAR BEACH, FL 32550
  • $3,800,000
  • 66647 SqFt, 1.53 Acres
  • Commercial Sales
  • Office: Taylor Allen Properties LLC

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 business can be included in the purchase of the property at no additional expense

Essential Information

  • MLS® #812651
  • Price$3,800,000
  • Square Footage66,647
  • Acres1.53
  • TypeCommercial Sales
  • StatusActive

Community Information

  • Address12500 Emerald Coast Pkwy
  • AreaSouth Walton West
  • CityMIRAMAR BEACH
  • CountyWALTON
  • StateFL
  • Zip Code32550

Exterior

  • Lot Description160 x 390

Additional Information

  • Days on Website189
  • ZoningCoastal Center
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Property Summary (MLS® #: 812651): Located in MIRAMAR BEACH at 12500 Emerald Coast Pkwy in the 32550 zip code. At a price of $3,800,000, this listing has been on DavisProp.com for 189 days.

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Price Change History for 12500 Emerald Coast Pkwy, MIRAMAR BEACH, FL (MLS® #812651)

Date Details Change
Price Reduced from $4,000,000 to $3,800,000 $200,000 (5.00%)

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on June 24th, 2019 at 9:00pm CDT.