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    11394 US Hwy 98 W Miramar Beach, FL 32550

    Source: https://www.saltercompany.com
    For Lease
    $35 SF/Yr ($3,645 /Mo)

    Prime Miramar Beach retail space available. High traffic, great visibility.

    Lot size:
    1,250 SF

    Description

    Added:
    Mar 10, 2025
    Days on Market:
    271
    This exceptional 1,250 square foot retail space is located within the Destin Village Shoppes in Miramar Beach, Florida, a highly sought-after area on the Emerald Coast. Situated on US Highway 98, this inline unit boasts excellent visibility with 323 feet of frontage along this major thoroughfare, experiencing a high average annual daily traffic count of 53,000 vehicles. The property benefits from a dedicated turning lane off US Hwy 98 and is adjacent to a 75-unit hotel, ensuring consistent foot traffic and exposure. Ample parking is provided with a 3.4/1,000 square foot ratio. Monument signage opportunities are available, enhancing brand visibility. The location is strategically positioned near other prominent shopping destinations, including Silver Sands Premium Outlets and Grand Boulevard, further maximizing exposure to a large customer base. This space is ideal for a variety of uses, including retail, professional services, office, medical, or restaurant. Lease terms are NNN. Inquire for lease rates.

    Property Features for 11394 US Hwy 98 W

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,250 SF
    USF (Usable sq. ft)
    1,250 SF
    Elevators
    N/A
    Total Rate
    3645.83

    Building Details

    Year Built/Renovated
    2007/2018
    Buildings
    1
    Stories
    1

    HighLights

    • 1,250 sq ft retail space available in Destin Village Shoppes, Miramar Beach.
    • High visibility on US Hwy 98 with 323 feet of frontage and ample parking.
    • Located near Silver Sands Outlets & Grand Boulevard, attracting high daily traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miramar Beach
    State
    Florida
    Longitude
    -86.362307
    Latitude
    30.384842

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    FAQs

    What type of property is this?
    Other retail property - Prime Miramar Beach retail space available. High traffic, great visibility.
    Where is this other retail property located?
    The property is located at 11394 US Hwy 98 W Miramar Beach, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 1,250 sq ft retail space available in Destin Village Shoppes, Miramar Beach.; High visibility on US Hwy 98 with 323 feet of frontage and ample parking.; Located near Silver Sands Outlets & Grand Boulevard, attracting high daily traffic.
    (407) 839-3140
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    11394 US Hwy 98 W 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
    11394 US Hwy 98 W Miramar Beach, FL 32550
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