Property summary
This exceptional retail investment opportunity in Miramar Beach, Florida, presents a 3,840 square foot multi-tenant building situated on Scenic Gulf Drive. The property boasts a prime location directly across from the Gulf of Mexico beaches, ensuring high visibility and significant foot traffic from resort beach visitors. Currently operating at 100% occupancy, the property generates $230,700 in annual rental income with a 5.00% cap rate. The building is comprised of three tenants: Paradise… Found (1,720 sq ft), Frozen Dunes (860 sq ft on an older lease), and Emerald Coast Cruiser (860 sq ft on a brand new lease). Annual CAM charges are $19,691. The asking price is $5,900,000, and the current leases have a remaining term of two years. The existing owner, Paradise Found, is willing to remain as a tenant or relocate, and is also open to selling their existing inventory to a new buyer. This property offers significant upside potential, with the possibility of adding apartments above the existing commercial space. The property is also available as part of a larger package deal including two additional buildings for a total price of $18,999,999. This is a rare opportunity to acquire a thriving retail property in a highly desirable beachfront location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
- Local Zoning Insight