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Retail Suite with Multiple Rooms
New
For Sale
$450,000

12889 Us Highway 98, Miramar Beach, FL 32550

Commercial for Sale, Miramar Beach, FL

Property SizeContact for details
Days on Market2

Property Features for 12889 Us Highway 98

General Information

Property type Commercial Sale
Property subtype Other
Directions Miramar Plaza located on south side of US Hwy 98. Unit 104-A
Subdivision 15 - Miramar/Sandestin Resort
Standard status Active
APN 30-2S-21-42296-00A-0104

Taxes and HOA fees

Tax Description Ut 104A Miramar Plaza Comm Condo Or 2521-1127 Or 2717-4996 Or 3277-795
Legal Description Ut 104A Miramar Plaza Comm Condo Or 2521-1127 Or 2717-4996 Or 3277-795

Amenities

front lobby
break room with kitchen and bathrooms
laundry room
Listing Agency: Keller Williams Realty Destin
Listed By: Joni A King · License #3104632
Added: Oct 16 Last Checked: Oct 17 at 7:06AM
MLS# 1013844

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.

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Investment Insights

Based on property information with market context.

This retail suite in Miramar Plaza is arranged with a front lobby measuring 20 by 13 feet, two rooms measuring 11.9 by 15 feet each, and another room measuring 7.5 by 15 feet. The interior also includes a kitchen in the break room, bathrooms, and a laundry room. An operating business is associated with the unit and may be purchased with its supplies, or the space may be used independently.

Miramar Plaza is fully occupied and fronts US Highway 98. A road from the property leads to Scenic Highway 98.

Key Highlights

  • Retail unit in fully occupied Miramar Plaza
  • Front lobby: 20x13ft
  • Two rooms: 11.9x 15ft each

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Auto Repair Shop Auto Parts Store Nail Salon Bakery

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

100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 40% Hotels & Casinos 3% Home Improvements & Furnishings 2%
Tom Thumb Food Stores Shops & Services
19,287 visits/mo 0.3 miles
McDonald's Dining
15,370 visits/mo 0.0 miles
Culver's Dining
12,320 visits/mo 0.2 miles
Pizza Hut Dining
844 visits/mo 0.2 miles
Comfort Inn Miramar Beach-Destin Hotels & Casinos
776 visits/mo 0.5 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

Frequently Asked Questions

What type of property is this?
Retail space - The suite has a lobby, several rooms, a kitchen-equipped break area, bathrooms, and a laundry room.
Where is this retail space located?
The property is located at 12889 Us Highway 98 Miramar Beach, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Retail unit in fully occupied Miramar Plaza; Front lobby: 20x13ft; Two rooms: 11.9x 15ft each
More about this property
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