$7,965,000
Miramar Beach, FL 32550
MLS# 805889
Status: Sold
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Property Description
This Listing/Sale entered for Comp purpose only. Village Shoppes (the ''Property''), a 28,834 square foot 9-tenant retail strip center located in Destin (Miramar Beach), Florida, the most visited city on the Emerald Coast. Anchored by The Melting Pot Restaurant, Village Shoppes is almost 100% leased to a diverse, well-established, and service oriented tenant mix. Built in 2007, the Property is situated on a 1.93 acre site. The property was re-developed in 2017 after the center's former furniture store anchor tenant relocated to its brand new build-to-suit location down the road. The premier location and highly sought after space was released with minimal downtime and is primed for growth with new leases from some of the area's top tenants. Excellent rent rolls.
Details
Maps
None
Current Price: $7,965,000
Status Change Info
Status: Sold
Under Contract Date: 2018-08-23
Sold Date: 2018-08-23
Sold Price: $7,965,000
Contract Info
List Date: 2018-08-23
List Price: $8,300,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 11394
Street Direction: W
Street Name: Us Highway 98
State: FL
Zip Code: 32550
County: Walton
Parcel ID: 28-2S-21-42000-023-0021
General Property Info
Listed on GCCMLS: No
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 1.93
CAM: 2.5
Zoning: 001600
Retail
# of Units: 1
Property Features
Class: Retail
Construction Status: Existing
Listing Office: Sand Dunes Real Estate LLC
Last Updated: October - 12 - 2024
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.