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6-Unit Furnished Apartment Building
For Sale
$3,950,000

12060 US-98, Miramar Beach, FL 32550

Commercial for Sale, Miramar Beach, FL

Property SizeContact for details
Days on Market380

Property Features for 12060 US-98

General Information

Property type Commercial Sale
Property subtype Other
Directions MapQuest: 12060 W Highway 98, Miramar Beach, FL 32550
Subdivision 15 - Miramar/Sandestin Resort
Standard status Active
APN 29-2S-21-42000-011-0015

Taxes and HOA fees

Tax Description Walton County Parcel Identification Number: 29-2S-21-42000-011-0015 - (6) Units
Legal Description Walton County Parcel Identification Number: 29-2S-21-42000-011-0015 - (6) Units
Listing Agency: Somers & Company
Listed By: John Paul Somers · License #3210089
Added: Aug 28, 2025 Changed: Sep 11 Last Checked: Sep 11 at 6:06PM
MLS# 984119

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This recently completed multifamily property comprises 6 furnished units, each configured with 3 bedrooms. The residences are part of So Wal Condominiums, a newly constructed development in Miramar Beach, Florida, within South Walton County.

The property is located at 12060 US-98, Miramar Beach, FL 32550. Civil and architectural design plans are available upon request, with some plan materials included in the listing.

Key Highlights

  • 6 newly constructed, 3‑bedroom units
  • Furnished residences included
  • Recently completed construction

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Parking Lot & Garage Pharmacy Electrical 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently completed residential income property offering furnished three-bedroom residences in Miramar Beach.
Where is this apartment building located?
The property is located at 12060 US-98 Miramar Beach, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 6 newly constructed, 3‑bedroom units; Furnished residences included; Recently completed construction
More about this property
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