$2,999,000
Miramar Beach, FL 32550
MLS# 1006594
1 / 72
Property Description
Investor Opportunity! 5 Units total with annual NET operating income of $219,504,00 Single tenant leasing all 5 units and under contract for 3 year lease agreement. Units 206-208 are office space and units 121-122 are a fully functioning commercial laundry. Laundry equipment can be included with purchase. The total sq ft of office space is 4,187 for units 206-208 and the total sq ft of laundry area units 121-122 is 3000 ft, Total space is 7,187 ft heated and cooled. Don't miss this opportunity in Walton Co!
Details
Maps
None
Current Price: $2,999,000
Status Change Info
Status: Active
Contract Info
List Date: 2026-06-30
List Price: $2,999,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 12273
Street Name: Emerald Coast Pkwy
State: FL
Zip Code: 32550
County: Walton
Parcel ID: 29-2S-21-42171-000-0121
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
CAM: 1197
CAM Per: Month
Zoning: Commercial
Business Only
Real Estate Option: Real Estate Conveys
Income Producing
Year Built: 1998
Price P/SqFt: 450
Net Operating Income: 219504
Cap Rate: 6.75
Property Type: Retail
Lot Features
Coastal Barrier Zone: No
Office
# of Units: 3
Retail
# of Units: 2
Property Features
Class: Business Only; Income Producing; Office; Retail
Construction Status: Existing
Listing Office: Five Star Properties RE FL Inc
Last Updated: September - 24 - 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.