Active

9539 W US-98 Highway

Miramar Beach FL, 32550

$2,650,000


$357.87 per sqft

Active

7,405 sqft

Commercial

Built in 1986

Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking. Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.

767398

MLS ID

January 17, 2025

Listed

January 17, 2025

Updated

Map

9539 W US-98 Highway
Miramar Beach FL, 32550

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

12 - Walton County


Days on Market

7


Garage

No


View

No


County

Walton


Pool

No

 

Courtesy of Counts Real Estate Group Inc, Carl E Allen,
Listing Contact: (850) 960-8808 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Real Experts shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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