Modern Office
13331 Emerald Coast Pkwy Miramar Beach, FL 32550
For Sale
Contact for pricing
Modern office building with flexible floor plans, tenant and visitor parking, and high visibility along the Gulf Coast.
Property Size18,029 SF
Price / SF$238.50
Days on Market611
Property Features for 13331 Emerald Coast Pkwy
General Information
Standard status
Active
Size
18,029 SF
Property subtype
OFFICE
Listing Agency:
Graham & Co - Corporate
(850) 830-6593
Listed By:
Jason Carnes
(850) 830-6593
Source:
Moodyscre
Added: Nov 26, 2024
Changed: Jul 29
Last Checked: Jul 29 at 11:37PM
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 & Co - Corporate
Investment Insights
Based on property information with market context.
This modern office building offers a flexible floor plan for a range of office setups, with well-designed common areas and landscaped exterior grounds. The building is 18,029 SF and was built in 2006, providing a contemporary exterior presentation.
Located at 13331 Emerald Coast Pkwy in Miramar Beach, the property is positioned for accessibility and visibility along the Gulf Coast. Parking is available for tenants and visitors, with 46 spaces on site.
For office users looking for adaptable interior layouts and for investors evaluating an office asset, the combination of size, flexible floor plan, and established parking supports multiple operational approaches within a dedicated office building setting.
Located at 13331 Emerald Coast Pkwy in Miramar Beach, the property is positioned for accessibility and visibility along the Gulf Coast. Parking is available for tenants and visitors, with 46 spaces on site.
For office users looking for adaptable interior layouts and for investors evaluating an office asset, the combination of size, flexible floor plan, and established parking supports multiple operational approaches within a dedicated office building setting.
Key Highlights
- 18,029 SF modern office building
- Built in 2006
- 46 parking spaces for tenants and visitors
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $378.6k | $21.00 |
| − Vacancy | −$75.7k | −$4.20 |
| EGI | $302.9k | $16.80 |
| − OpEx | −$75.7k | −$4.20 |
| NOI | $227.2k | $12.60 |
18,029 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.25M
$2.84M – $3.79M
NOI $227,165 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.53M
$3.97M – $5.29M
NOI $317,383 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Modern office building with flexible floor plans, tenant and visitor parking, and high visibility along the Gulf Coast.
Where is this office building located?
The property is located at 13331 Emerald Coast Pkwy Miramar Beach, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 18,029 SF modern office building; Built in 2006; 46 parking spaces for tenants and visitors
