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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8670 Us-98 Miramar Beach, FL 32550

4,780 SF 0.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4,780-square-foot freestanding building, formerly an Applebee's, presents a remarkable leasing opportunity in Miramar Beach, Florida. Located on a 0.88-acre lot at 8670 US-98, this property boasts excellent visibility and accessibility, complemented by a private parking lot. Its strategic location within the Black Creek Rural Town Center zoning, with a Walton County APN of 26-2S-21-42000-001-0131, ensures convenient access to a thriving commercial environment. The property benefits from high traffic volume, with 41,500 average annual daily traffic counts on the nearby Emerald Coast Parkway. This prime location is surrounded by established businesses, including Walmart, Publix, Ascension Sacred Heart, Starbucks, and the Sandestin Resort, catering to a robust local population and the area's significant tourism, attracting approximately 4.2 million visitors annually. The versatile space is suitable for various uses, including restaurants, offices, or medical facilities, making it an ideal investment for a wide range of businesses. Utilities are available, including power. The cross street is Baytowne Rd. This single-tenant building offers a unique chance to establish a presence in a high-demand location within a flourishing coastal community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,780 SF
Lot 0.88 ac (38,333 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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