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Beachside Retail/Office Space For Lease
For Lease
$7,500/Mo NNN

1688 Scenic Gulf Dr Miramar Bch # FL, Miramar Beach, FL 32550

Rare Beachside Lease | Scenic Hwy 98 Frontage | Destin, FL

Space Size1,050 SF - 1,075 SF
Days on Market148

Property Features for 1688 Scenic Gulf Dr Miramar Bch # FL

General Information

Standard status Active
Property type Retail properties & Spaces, Specialty properties, Restaurants
Size 1,050 SF - 1,075 SF
Class C
Total Parking Spaces 14
Elevators No
Lease Type NNN
Lease Term 5+ Years
Rate Type Monthly

Building Details

Year Built 1974
Year Renovated 2026
Buildings 1
Stories 1
Listing Agency: LPT Realty
Listed By: Maria White · License #SL3590705
Added: Apr 13

Investment Insights

Based on property information with market context.

This retail/office space is positioned directly across from Miramar Beach, offering visibility and access in a high-traffic, tourism-driven market. Located along Scenic Gulf Drive, the property benefits from coastal traffic plus pedestrian, bicycle, and golf cart activity driven by over 5 million annual visitors to the South Walton area. The property has frontage on US Hwy 98, providing easy access to the area’s primary commercial corridor. The exterior has been recently updated, and the space is delivered in vanilla shell condition. On-site parking is available for customers and staff. The location is ideal for establishing a flagship or lifestyle-driven concept. It is best suited for high-margin, tourism-oriented concepts that benefit from pedestrian flow and destination-driven traffic. The property is adjacent to resorts, vacation rentals, and affluent residential communities. It is ideal for retail, boutique, wellness, or service-oriented tenants. The property offers exposure along Scenic Gulf Drive, a heavily traveled coastal corridor, and is steps from public beach access points. The property size is 1075 square feet.

Property Analytics

Current Use

Retail properties & Spaces

Lease Details

NNN (Triple Net)
Lease Type
$12.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 32% Hotels & Casinos 7%
Circle K Shops & Services
9,179 visits/mo 0.4 miles
Taco Bell Dining
7,485 visits/mo 0.2 miles
76 Shops & Services
6,668 visits/mo 0.3 miles
Shrimp Basket Dining
3,911 visits/mo 0.4 miles
AutoZone Shops & Services
2,885 visits/mo 0.4 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

Market

Lease Benchmarks for Miramar Beach, FL

$40.55 /SF/Yr
Avg Asking Price
$14.5–$85.71 /SF/Yr
Price Range
5,520 SF
Avg Space Size

This space is priced 111% above the average of $40.55 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Rare Beachside Lease | Scenic Hwy 98 Frontage | Destin, FL
Where is this retail property located?
The property is located at 1688 Scenic Gulf Dr Miramar Bch # FL Miramar Beach, FL.
What is the lease rate?
The lease rate is $7,500/Mo.
More about this property
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