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$ 4,590,000
Est. payment /mo
Price Dropped by $300K
1200 Scenic Gulf DR Miramar Beach, FL 32550
UPDATED:
10/21/2024 07:37 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Majestic Sun
MLS Listing ID 741114
HOA Y/N No
Year Built 1974
Property Description
***MAJOR PRICE REDUCTION*** 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 willing to sell all 3 listings together 1200 Scenic Gulf, 1688 Scenic Gulf & 2052 Scenic Gulf package deal at $18,500,000***
Location
State FL
County Walton
Area 12 - Walton County
Interior
Fireplace No
Exterior
Waterfront Yes
Waterfront Description Bayfront,Gulf Access
View Y/N Yes
Water Access Desc Bayfront,Gulf Access
View Bay, Lagoon
Building
Entry Level One
Level or Stories One
Others
Tax ID 29-2S-21-42502-000-0B30
Special Listing Condition Listed As-Is
Listed by Emerald Coast Realty Group