Active

12272 Us Highway 98

Destin FL, 32550

$3,250,000


Active

Commercial

Freestanding Building in Miramar Beach, FL with Expansion Potential
Welcome to this prime commercial property in Miramar Beach, Florida, situated on over 1 acre of land. 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. See attachments for expansion site plan layout

955342

MLS ID

July 23, 2024

Listed

October 16, 2024

Updated

Map

12272 Us Highway 98
Destin FL, 32550

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.16 Acres

Other Property Details

Area Name

15 - Miramar/Sandestin Resort


Days on Market

85


Garage

No


View

No


County

Walton


Pool

No

Listing History

Date

Event

Price

10/16/2024

Price change

$3,250,000

-8%

Courtesy of EXP Realty LLC, Gregory E Ganske,
Listing Contact: 512-769-3230 

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Data last updated 5:11 PM UTC, 10/16/2024

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