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$ 10,995,000
Est. payment /mo
Active
12244 US-98 Destin, FL 32550
38,175 SqFt
UPDATED:
11/01/2024 02:29 PM
Key Details
Property Type Single Family Home, Commercial
Sub Type Freestanding
Listing Status Active
Purchase Type For Sale
Square Footage 38,175 sqft
Price per Sqft $288
MLS Listing ID 898459
Lot Size 3.180 Acres
Acres 3.18
Property Description
This rare assemblage of prime retail, showroom, and warehouse does not currently exist in the local market, which is adjacent to the synergistic retail nucleus of Silver Sands Outlet Mall and centralized to all the local mixed-use districts, successfully drawing population from all local peripheral sub-markets, including but not limited to Destin and Scenic 30A of Santa Rosa Beach, Florida. Fronting Highway 98 in Miramar Beach, Florida, nearly 50,000 vehicles pass by its 196 fronting feet daily, which ingress and egress lures the traffic into the retail facilities through the convenience of the traffic light at North Geronimo Street and Highway 98. The current owner has committed significant capital to renovate both buildings, which even includes approximately $300,000 for new...
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Listed by Somers & Company