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Retail Center in Miramar Beach
For Sale
$9,500,000

11275 Emerald Coast Parkway, Miramar Beach, FL 32550

28,000 SF retail center, fully leased, high-traffic location.

Property SizeContact for details
Days on Market472

Property Features for 11275 Emerald Coast Parkway

General Information

Standard status Active
Listing Agency: NBI PROPERTIES INC
Listed By: CRAIG S BARRETT
Source: Corcoran
Added: May 28, 2025 Changed: Mar 16 Last Checked: Sep 7 at 9:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NBI PROPERTIES INC

Investment Insights

Based on property information with market context.

This 28,000 square foot retail center is located in Miramar Beach, Florida, specifically at the corner of Emerald Coast Parkway and South Geronimo Street. The property is a fully leased, 11-unit complex. Situated near Silver Sands Outlet Mall, the retail center benefits from high traffic and a high-profile location. This property is presented as an investment opportunity with potential.

Key Highlights

  • 28,000 SF fully leased retail center.
  • High traffic and high profile location at the corner of Emerald Coast Pkwy and South Geronimo Street.
  • Located in Destin (Miramar Beach), FL.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Dental Office Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby
241k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 44% Shops & Services 22% Apparel 18% Dining 7%
Walmart Superstores
106,517 visits/mo 0.1 miles
DICK'S Sporting Goods Apparel
29,032 visits/mo 0.2 miles
Murphy USA Shops & Services
23,520 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,501 visits/mo 0.3 miles
Bealls Florida Apparel
13,801 visits/mo 0.2 miles

Demographics for 32550, FL

7,828
Population
14,909
Households
0.5
Avg Household Size
58
Median Age
55%
College-Educated
98%
High-School Grad
7.0 sq mi
ZIP Area
1,118
Density / Sq Mi
$96,269
Median Household Income
$60,634
Median Earnings
$2,108
Median Rent
$679,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 28,000 SF retail center, fully leased, high-traffic location.
Where is this shopping center located?
The property is located at 11275 Emerald Coast Parkway Miramar Beach, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 28,000 SF fully leased retail center.; High traffic and high profile location at the corner of Emerald Coast Pkwy and South Geronimo Street.; Located in Destin (Miramar Beach), FL.
More about this property
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