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    12889 Emerald Coast Pkwy Miramar Beach, FL 32550

    For Sale
    $1,700,000

    Prime Retail Space, Hwy 98 Visibility

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10,000 square foot storefront, located at 12889 Emerald Coast Parkway Ste 108-109BB in Miramar Beach, Florida (zip code 32550), presents a unique investment opportunity. Situated in Walton County, this property boasts an enviable location between the popular destinations of Destin and Sandestin, ensuring high visibility and foot traffic. The asking price is $1,700,000. The property features a desirable open floor plan, ideal for a variety of retail uses. Its strategic placement along Highway 98 provides excellent visibility to passing motorists, further enhanced by a dedicated turn lane for easy access. Significant signage opportunities exist, allowing for prominent branding and marketing. This NNN lease type property offers a compelling chance to own or lease a well-positioned retail space in a thriving Florida coastal community. The property's size and location make it an attractive option for businesses seeking a high-impact presence in a prime tourist area. The coordinates are 30.384434 latitude and -86.386496 longitude.

    Property Features for 12889 Emerald Coast Pkwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,000 SF

    HighLights

    • Prime Miramar Beach location, between Destin and Sandestin.
    • High visibility from Highway 98.
    • Lease or purchase options available.
    • Features an open floor plan.
    • Includes a dedicated turn lane for easy access.
    • Excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miramar Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.386496
    Latitude
    30.384434

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Hwy 98 Visibility
    Where is this individual retail property located?
    The property is located at 12889 Emerald Coast Pkwy Miramar Beach, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Prime Miramar Beach location, between Destin and Sandestin.; High visibility from Highway 98.; Lease or purchase options available.
    Request Owner's contact information
    12889 Emerald Coast Pkwy Miramar Beach, FL 32550
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    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
    12889 Emerald Coast Pkwy Miramar Beach, FL 32550
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