Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12282 Emerald Coast Pkwy Miramar Beach, FL 32550

    For Sale
    $8,900,000

    71-Room Hotel, Prime Location, High ROI

    Property size:
    30,016 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 71-room Comfort Inn, built in 2021, presents a lucrative investment opportunity in Miramar Beach, Florida. Situated on a 1.6-acre lot at 12282 Emerald Coast Pkwy W (32550), this three-story, 30,016 square foot hotel boasts a prime location, offering convenient access to Miramar Beach, Silver Sands Premium Outlets, Henderson Beach State Park, and Destin Executive Airport. The property benefits from its proximity to the ocean and its location directly off Emerald Coast Parkway, a high-traffic area with an average annual daily traffic count exceeding 51,000 vehicles. The interior-corridor design enhances guest experience. Recently renovated, the hotel features a newly constructed fitness center, created by converting a former manager's suite, adding significant amenity value. This Comfort Inn by Choice hotel represents the newest in its competitive set, benefiting from strong brand recognition and a high barrier-to-entry market in this desirable Florida Panhandle location. The asking price is $8,900,000, significantly below replacement cost, and seller financing is available. This presents a unique opportunity to acquire a modern, well-located hotel in a high-demand market with potential for increased revenue through strategic management and marketing. The property's APN is 29-2S-21-42000-011-0018 and is zoned for Commercial - Hotels/Motels. This is a rare chance to capitalize on the limited availability of hotel properties in this thriving coastal market.

    Property Features for 12282 Emerald Coast Pkwy

    General Information

    Property type
    Motels
    Square Feet
    30,016 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    3

    HighLights

    • $8,900,000 asking price for a 71‑key, 30,016 square foot hotel.
    • 2021‑built, three‑story, interior‑corridor Comfort Inn hotel.
    • Seller financing available.
    • Recently added fitness center; former manager's suite converted to amenity space.
    • Newest hotel in its competitive set, offering a highly desirable Comfort Inn by Choice brand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miramar Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.3769545
    Latitude
    30.3853293

    Nearby Similar for Sale

    • $215,000
      0.05 Acres

      Miramar Beach Motorhome Lot

      Exclusive gated community lot near the beach.
      18 E Bradley St, Miramar Beach, FL 32550
      View Details
    • New
      $193,000

      Miramar Beach RV Lot

      Upgraded RV lot in gated community near the beach.
      18 E Bradley St, Miramar Beach, FL 32550
      View Details
    • $7,950,000
      38,175 SF

      Prime Retail, Showroom, and Warehouse

      Rare assemblage of retail, showroom, and warehouse space for sale.
      12244 Us Highway 98 W, Miramar Beach, FL 32550
      View Details
    • $2,999,000

      Miramar Beach Commercial Property on US-98

      High-visibility commercial property on US-98 in Miramar Beach, Florida.
      12330 Miramar Beach Dr, Miramar Beach, FL 32550
      View Details
    • $895,000
      1,591 SF

      Remodeled Condo in Sandestin Resort

      Remodeled 2-bedroom condo with resort amenities and beach access.
      1 Beach Club Dr, Miramar Beach, FL 32550
      View Details
    • $550,000

      Grand Sandestin Bay View Condo

      Stunning 2-bedroom condo with flexible rental options and luxurious amenities.
      9500 Grand Sandestin Blvd, Miramar Beach, FL 32550
      View Details

    FAQs

    What type of property is this?
    Motel - 71-Room Hotel, Prime Location, High ROI
    Where is this motel located?
    The property is located at 12282 Emerald Coast Pkwy Miramar Beach, FL.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: $8,900,000 asking price for a 71-key, 30,016 square foot hotel.; 2021-built, three-story, interior-corridor Comfort Inn hotel.; Seller financing available.
    Request Owner's contact information
    12282 Emerald Coast Pkwy Miramar Beach, FL 32550
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12282 Emerald Coast Pkwy
    Miramar Beach, FL 32550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12282 Emerald Coast Pkwy Miramar Beach, FL 32550
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.