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    1200 Scenic Gulf Drive Miramar Beach, FL 32550

    Source: https://www.saltercompany.com
    For Sale
    $1,900,000

    Prime Miramar Beach commercial space, stunning ocean views.

    Property size:
    4,842 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    314
    This exceptional 4,842 square foot commercial condominium is situated in the prestigious Seascape Resort, Miramar Beach, Florida, at 1200 Scenic Gulf Drive, zip code 32550, Walton County. Located on the first floor of the Majestic Sun Condominium, this property boasts direct beach frontage across from the renowned Beaches of South Walton. Currently configured as a Class A office space, the interior offers significant flexibility for adaptation to retail or restaurant uses, depending on the buyer's needs. The property sits on a 21.88-acre lot within the expansive 300-acre Seascape Resort, offering over 2,000 feet of pristine, undeveloped beachfront. The Beaches of South Walton experienced remarkable success in 2023, attracting over 5 million visitors and generating over $6.8 billion in economic impact, highlighting the area's strong potential for commercial ventures. This presents a unique opportunity to own a substantial commercial space in a high-demand, high-traffic location with exceptional visibility and access to the beach. The asking price is $1,900,000. This property is offered as-is.

    Property Features for 1200 Scenic Gulf Drive

    General Information

    Property type
    Residential offices
    Square Feet
    4,842 SF
    Price / Square Foot
    $392
    Elevators
    N/A
    Net Rentable
    4,842 SF
    Lot Size
    953,057 SF

    Building Details

    Year Built
    2001
    Buildings
    2
    Stories
    13

    HighLights

    • Prime 4,842 sq ft commercial condo in Miramar Beach, FL's Seascape Resort.
    • Located directly across from South Walton's beaches, offering exceptional visibility.
    • Flexible space, currently built as Class A office, adaptable for retail or restaurant use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential offices

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miramar Beach
    State
    Florida
    Longitude
    -86.489179
    Latitude
    30.505122

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    FAQs

    What type of property is this?
    Residential office - Prime Miramar Beach commercial space, stunning ocean views.
    Where is this residential office located?
    The property is located at 1200 Scenic Gulf Drive Miramar Beach, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Prime 4,842 sq ft commercial condo in Miramar Beach, FL's Seascape Resort.; Located directly across from South Walton's beaches, offering exceptional visibility.; Flexible space, currently built as Class A office, adaptable for retail or restaurant use.
    (850) 564-0120
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    1200 Scenic Gulf Drive Miramar Beach, FL 32550
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    Miramar Beach, FL 32550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Scenic Gulf Drive Miramar Beach, FL 32550
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