$7,900,000
Miramar Beach, FL 32550
MLS# 977384
1 / 19
Property Description
28,000 SF Retail Center located in Destin ( Miramar Beach ) FL 11 unit complex fully leased, high traffic and high profile Retail Center, located at the corner of Emerald Coast Pkwy and South Geronimo Street, located, Silver Sands Outlet Mall, great investment with great potential
Details
Contract Info
GCCMLS Number: 42673033
Listing Board: Emerald Coast
List Date: 2025-05-28
List Price: $7,900,000
Location, Tax and Legal
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Property Name: Rufus Ray Plaza
Legal Description: Parcel id#
28-2S-21-42000-003-0030
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
Acreage: 2.3
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: 28,000 SF Retail Center located in Destin ( Miramar Beach ) FL 11 unit complex fully leased, high traffic and high profile Retail Center, located at the corner of Emerald Coast Pkwy and South Geronimo Street, located, Silver Sands Outlet Mall, great investment with great potential
Class
Retail: 1
Construction Status
Existing: 1
Retail
Year Built: 1998
Building SqFt: 28000
Vacancy Rate: 0
Actual Gross Income: 425000
Net Operating Income: 140000
# of Units: 11
None
Current Price: $7,900,000
Status Change Info
Status: Active
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 11275
Street Name: Emerald Coast
Street Suffix: Parkway
State: FL
Zip Code: 32550
County: Walton
Parcel ID: 28-2S-21-42000-003-0030
Property Features
Class: Retail
Construction Status: Existing
Listing Office: NBI Properties Inc
Last Updated: January - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
