$8,695,000
Miramar Beach, FL 32550
MLS# 943391
Status: Pending
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Property Description
Village Shoppes of Destin, Ideally located in Miramar Beach directly across from Seascape resort and less the a mile from the Silver Sands outlet mall. New landscaping, lighting and sealcoat/re-stripe on parking lot have just been completed as well as several upgrades to the Facade and awnings. NNN leased center maintaining over a 93% occupancy rate and newer leases/renewals completed. Strong, solid investment in Florida Panhandle.
Details
None
Current Price: $8,695,000
Status Change Info
Status: Pending
Under Contract Date: 2024-05-08
Contract Info
GCCMLS Number: 30868396
List Date: 2024-02-28
List Price: $8,695,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 11394
Street Name: Us Highway 98
State: FL
Zip Code: 32550
County: Walton
Sub Area: 1501 - Miramar Beach North
Parcel ID: 28-2S-21-42000-023-0021
Property Name: Village Shoppes of Destin
Legal Description: COM AT SW/C OF NW 1/4 OF SEC 28, N 02 DEG 26'29''E ALG W LN OF NW1/4 OF SEC 28 269.05FT TO NLY ROW OF ST RD 30 (US HWY 98 SELY ALG NLY ROW 305.49FT ALG ARC OF A CURVE CONCAVE SLY & HAVING RAD OF 2029.85FT CENTRL ANGLE OF 08 DEG 37'22'' & CHORD BRG S 70 DEG 08'20''E 305.20FT TO POB, DPRT NLY ROW N 24 DEG 10'21''E 40.71FT, N 02 DEG 14' 23''E 260.92FT S 84 DEG 45'30''E 270.70FT, S 02 DEG 16'39''W 366
General Property Info
Listed on GCCMLS: Yes
Acreage: 1.97
Lot Frontage: 325
Zoning: Coastal Center
Listing Info, Tax & Legal
As Is: No
Remarks & Misc
Remarks: Village Shoppes of Destin, Ideally located in Miramar Beach directly across from Seascape resort and less the a mile from the Silver Sands outlet mall. New landscaping, lighting and sealcoat/re-stripe on parking lot have just been completed as well as several upgrades to the Facade and awnings. NNN leased center maintaining over a 93% occupancy rate and newer leases/renewals completed. Strong, solid investment in Florida Panhandle.
Office/Member Info
Cooperative Comp: 2
Cooperative Comp Type: %
Office
Year Built: 2007
Building SqFt: 28855
Net Operating Income: 648689.79
# of Units: 9
Retail
# of Units: 9
Property Features
Class: Office; Retail
Construction Status: Existing
Sale Type: Assignment
Listing Office: Berkshire Hathaway HomeServices
Last Updated: May - 09 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Wednesday 15th of May 2024 01:49 PM
