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Karrie Rose

850-543-5588
  • MLS® #: 812651
  • 12500 Emerald Coast Pkwy

  • MIRAMAR BEACH, FL 32550
  • $3,800,000 REDUCED
  • 66647 SQ. Feet, 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 Website181
  • ZoningCoastal Center

Property Location

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

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

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on June 16th, 2019 at 11:15am CDT.