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9539 W Us-98 Hwy Miramar Beach, FL 32550

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For Sale
$2,625,000

Prime commercial property near Silver Sands Outlet Mall and Sandestin Resort.

Lot size:
0.17 Acres

Property Features for 9539 W Us-98 Hwy

General Information

Lot size
0.17 Acres

Source: Counts Real Estate Group Inc

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Property on Highway 98

This commercial property is located on the south side of Highway 98, between Silver Sands Outlet Mall and Sandestin Resort. The free-standing building has 7,680 sq. ft. of space. The building is constructed out of solid concrete block and features a flat TPO roof, with a new TPO roof scheduled for installation within the next eight weeks. There are 16 dedicated parking spaces. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure.
Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

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

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

Similar Places Nearby

Creative designs floral of Destin, Pavlic's Florist & Gifts, LLC, Destin Events and Floral, Amore Floral Designs of Destin, LLC

Location Insight

  • Map
  • Local Demand
City
Miramar Beach
County
Walton
State
Florida
Longitude
-86.4958
Latitude
30.3934

FAQs

What type of property is this?
Storefront property - Prime commercial property near Silver Sands Outlet Mall and Sandestin Resort.
Where is this storefront property located?
The property is located at 9539 W Us-98 Hwy Miramar Beach, FL.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: - Prime commercial location on Highway 98, between Silver Sands Outlet Mall and Sandestin Resort.; - Free-standing building with **7,680 sq. ft.**; - Sale-leaseback opportunity with a two-year lease term.
More about this property
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