$5,500,000
Miramar Beach, FL 32550
MLS# 938652
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Property Description
HUGE PRICE IMPROVEMENT!!! Owner now willing to separate and sell properties individually. Scenic Gulf Dr commercial Retail space for sale! Extremely desirable and limited commercial space inside the Majestic Sun building within the Seascape Resort community. This bottom floor space contains 7,125 sq ft with direct views of the Gulf of Mexico. Current rent income is over $192,000 yearly with owner occupying 6255sq ft. paying only $18sq ft. Lots of room for growth here. Owner is willing to stay for a short term, leave immediately or even sell merchandise and train new staff to operate existing retail business. National franchise Kilwins occupies the other space on a new lease. ** Owner will to sell all 3 listings together 1200, 1688 & 2052 Scenic Gulf package deal at $18,500,000
Details
None
Current Price: $5,500,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 30846517
List Date: 2023-12-20
List Price: $5,500,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 2052
Street Name: Scenic Gulf
Street Suffix: Drive
State: FL
Zip Code: 32550
County: Walton
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Parcel ID: 30-2S-21-42290-000-1080
Property Name: Paradise Found
Legal Description: LOTS 108 & 109 & THAT PORTION OF LOTS 127&128 LYING N OF ST RD 30(U S HWY 98_IN GOVT S/D / SE1/4 OR1849-50 LESS CIBONEY CONDO LYING WITHIN ABOVE OR 2776-3481 OR 2891-2749 OR 2944-1317
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
Acreage: 0.37
Lot Frontage: 105
CAM: 19691
CAM Per: Year
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: HUGE PRICE IMPROVEMENT!!! Owner now willing to separate and sell properties individually. Scenic Gulf Dr commercial Retail space for sale! Extremely desirable and limited commercial space inside the Majestic Sun building within the Seascape Resort community. This bottom floor space contains 7,125 sq ft with direct views of the Gulf of Mexico. Current rent income is over $192,000 yearly with owner occupying 6255sq ft. paying only $18sq ft. Lots of room for growth here. Owner is willing to stay for a short term, leave immediately or even sell merchandise and train new staff to operate existing retail business. National franchise Kilwins occupies the other space on a new lease. ** Owner will to sell all 3 listings together 1200, 1688 & 2052 Scenic Gulf package deal at $18,500,000
Office/Member Info
Cooperative Comp: 1.5
Cooperative Comp Type: %
Retail
Year Built: 2016
Building SqFt: 3840
Price P/SqFt: 1432.29
# of Units: 3
Property Type: Freestanding
Property Features
Class: Retail
Listing Office: Emerald Coast Realty Group
Last Updated: February - 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.
Tuesday 14th of May 2024 04:04 AM
