Miramar Beach, FL 32550
Property Inquiry
Contact Donald Janovyak about this property!
Property Details
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
| COMPENSATION | Single Agent $ Transaction Broker $ Non Rep $ |
| COUNTY | Walton |
| SUBDIVISION | N/A |
| PARCEL ID | 32-2S-21-42260-000-0231 |
| TYPE | Commercial Sales |
| STYLE | N/A |
| ACREAGE | 0 |
| LOT ACCESS | N/A |
| LOT SIZE | 200 x 98 |
| HOA INCLUDE | N/A |
| HOA FEE | N/A |
| UTILITIES | N/A |
| PROJECT FACILITIES | N/A |
| ZONING | N/A |
| PARKING FEATURES | N/A |
| APPLIANCES | N/A |
| ENERGY | N/A |
| INTERIOR | N/A |
| EXTERIOR | N/A |
| ROOM DIMENSIONS | N/A |
Schools
Location & Map
Going East on US Hwy 98 in Miramar Beach turn right on Holiday Rd and travel several blocks South toward the beaches of the Gulf of Mexico to the intersection at Scenic Gulf Drive. Turn left at the intersection and proceed East to 1688 Scenic Gulf Dr. The Paradise Found building will be on the left.