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Renovated Coworking Space with Private Offices

42 Business Centre Drive UNIT 208, Miramar Beach, FL 32550

For Sale
$369,900

Joined suites offer reception, private and shared offices, a media room, conference room, and full kitchen.

Property SizeContact for details
Days on Market248

Property Features for 42 Business Centre Drive UNIT 208

General Information

Standard status Active
Class A
Property subtype COMMERCIAL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 8
Listing Agency: Southern Luxury Realty
Listed By: Luis F Espinel · License FL #3289600
Source: Abbottmartingroup
Added: Mar 10 Changed: Oct 31 Last Checked: Nov 10 at 6:19PM

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 Southern Luxury Realty

Rey
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Investment Insights

Based on property information with market context.

This coworking property combines two connected office suites into a renovated professional workspace. The layout includes a seating and reception area, 4 private offices, 2 shared office spaces, a media and podcast room, a conference room, and a full kitchen. Interior private common areas support the overall office configuration, while the space is currently occupied by one full-time tenant.

The property is located at 42 Business Centre Drive, Unit 208, in Miramar Beach, with access to Hwy. 98. The existing arrangement provides a mix of private, collaborative, meeting, and support areas within a single joined office environment.

Key Highlights

  • Two full office suites joined into one coworking property
  • 8 office suites arranged across reception, private offices, shared offices, and media space
  • 4 private offices and 2 shared office spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coworking space

Suggested Use

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

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

8
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

833
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Coworking space - Joined suites offer reception, private and shared offices, a media room, conference room, and full kitchen.
Where is this coworking space located?
The property is located at 42 Business Centre Drive UNIT 208 Miramar Beach, FL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two full office suites joined into one coworking property; 8 office suites arranged across reception, private offices, shared offices, and media space; 4 private offices and 2 shared office spaces
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