Leased Restaurant Condo
For Sale
$1,790,000
12889 Emerald Coast Parkway Ste 108-109B, Miramar Beach, FL 32550
Commercial condo space in Miramar Plaza is currently occupied by a restaurant with a lease through April 2026.
Property Size10,000 SF
Price / SF$1,043
Days on Market183
Property Features for 12889 Emerald Coast Parkway Ste 108-109B
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Building Size
10,000 SF
Listing Agency:
Graham & Company
Listed By:
Jason Carnes
(850) 830-6593
Source:
Grahamcompany
Added: Apr 24
Changed: Oct 11
Last Checked: Oct 23 at 4:03AM
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 Graham & Company
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Investment Insights
Based on property information with market context.
This commercial condo suite is located within the Miramar Plaza strip center and totals 1,716 square feet. The unit is currently occupied by a restaurant and is under lease through April 2026. Reported gross rental income is $43,200.
The property is on US Hwy 98 in Miramar Beach, across from McDonald’s and the new Botanic apartments, offering a strong commercial retail setting within the strip center.
Ideal for investors seeking an income-producing restaurant-occupied condo in a retail strip configuration, with the current tenant in place through the lease end date.
The property is on US Hwy 98 in Miramar Beach, across from McDonald’s and the new Botanic apartments, offering a strong commercial retail setting within the strip center.
Ideal for investors seeking an income-producing restaurant-occupied condo in a retail strip configuration, with the current tenant in place through the lease end date.
Key Highlights
- Commercial condo space in Miramar Plaza Strip Center on US Hwy 98 in Miramar Beach
- 1716 SF unit currently occupied by a restaurant
- Restaurant lease in place through April 2026
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 55%
Shops & Services 21%
Dining 14%
Hotels & Casinos 10%
DICK'S Sporting Goods
Apparel
29,032 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,501 visits/mo
0.3 miles
Bealls Florida
Apparel
13,801 visits/mo
0.5 miles
Joe's Crab Shack
Dining
4,951 visits/mo
0.1 miles
Bubba Gump Shrimp Co.
Dining
4,317 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial condo space in Miramar Plaza is currently occupied by a restaurant with a lease through April 2026.
Where is this conventional restaurant located?
The property is located at 12889 Emerald Coast Parkway Ste 108-109B Miramar Beach, FL.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Commercial condo space in Miramar Plaza Strip Center on US Hwy 98 in Miramar Beach; 1716 SF unit currently occupied by a restaurant; Restaurant lease in place through April 2026
