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12555 W US HIGHWAY 98, Miramar Beach, FL 32550 (MLS# 754433)


$2,785,000
12555 W US HIGHWAY 98
Miramar Beach, FL 32550
MLS# 754433
Status: Sold



12555 W US HIGHWAY 98, Miramar Beach, FL 32550
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12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550 12555 W US HIGHWAY 98, Miramar Beach, FL 32550

Property Description
Prime in-line retail plaza located in Miramar Beach fronting Highway 98 adjacent to the CVS Drugstore, joined by a contiguous parking lot and drive, and with access to a traffic light at Holiday Rd. and Hwy. 98! This shopping center exhibits a high quality, modernized image and offers a desirable site plan for the convenience of patrons, which appeals to tenants, as well as logistically offering convenience for deliveries through its rear loaded nature that is not commonly found in many plazas along Highway 98! Buyer must verify all details, income, and specifications.

Details
Maps
None
Current Price: $2,785,000
Status Change Info
Status: Sold
Under Contract Date: 2016-08-30
Sold Date: 2016-10-26
Sold Price: $2,785,000
Contract Info
List Date: 2016-06-08
List Price: $3,050,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 12555
Street Direction: W
Street Name: US HIGHWAY 98
State: FL
Zip Code: 32550
County: Walton
Parcel ID: 30-2S-21-42290-000-0110
General Property Info
Listed on GCCMLS: No
Description: Hackmeyer Destin Venture, LLC
Property Information: please contact broker for further details
Vacant: No
Immediate Occupancy: No
Acreage: 1.63
Lot SqFt: 71003
Lot Frontage: 165
Lot Depth: 430
Zoning: COMMERCIAL
Future Land Use: COASTAL CENTER MIXED USE
Retail
Year Built: 2004
Building SqFt: 16126
Price P/SqFt: 189
Net Operating Income: 220000
Cap Rate: 7
# of Units: 4
Property Type: Strip Center
Property Features
Class: Retail
Construction Status: Existing

Listing Office: Somers & Company

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.