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    12889 Emerald Coast Pkwy Miramar Beach, FL 32550

    For Lease
    $19 SF/Yr ($15,833 /Mo)

    10,000 SF Retail Space - Prime Location

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10,000 square foot retail space is available for lease in the highly desirable Miramar Beach, Florida. Located at 12889 Emerald Coast Parkway, zip code 32550, this single-tenant property offers unparalleled visibility and accessibility. The building is classified as a commercial strip center, providing ample space for a variety of retail businesses. The entire 10,000 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial footprint in a thriving market. Situated in Walton County, this property benefits from the strong tourism and residential growth in the area. The asking lease rate is $19.00 per square foot, with a triple net (NNN) lease structure. This means the tenant is responsible for property taxes, insurance, and maintenance. The property's prime location on Emerald Coast Parkway ensures high traffic volume and excellent exposure to potential customers. This is an ideal opportunity for a business looking to establish or expand its presence in a vibrant and growing coastal community. The property's size and location make it suitable for a wide range of retail concepts. Interested parties are encouraged to inquire for further details and to schedule a viewing.

    Property Features for 12889 Emerald Coast Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    15833.33

    Unit(s) available at that property

    Space
    Suites 108-109B
    Size
    10,000 SF
    Rate per SF
    $19

    HighLights

    • 10,000 SF retail space available for lease in Miramar Beach, FL (32550).
    • High visibility on Emerald Coast Parkway (Hwy 98) in a commercial strip center.
    • Triple net (NNN) lease at $19.00/SF.
    • Open floor plan with dedicated turn lane and signage opportunities.
    • Prime location between Destin and Sandestin, ideal for various retail concepts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    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?
    Neighborhood center - 10,000 SF Retail Space - Prime Location
    Where is this neighborhood center located?
    The property is located at 12889 Emerald Coast Pkwy Miramar Beach, FL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF retail space available for lease in Miramar Beach, FL (32550).; High visibility on Emerald Coast Parkway (Hwy 98) in a commercial strip center.; Triple net (NNN) lease at $19.00/SF.
    Request Owner's contact information
    12889 Emerald Coast Pkwy Miramar Beach, FL 32550
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    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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