1688 Scenic Gulf Drive Miramar Beach, FL 32550
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
- Property TypeCommercial
- NeighborhoodN/A
- CountyWalton
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site59 Days
- MLS StatusActive
- MLS ID Number931628
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.45 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 0.45
- Zoning Commercial
Exterior Features
- Pool Features Yes
Community Features
- MLS Area 15 - Miramar/Sandestin Resort