12273 Emerald Coast Pkwy 121,122,206,207,208, Miramar Beach, FL 32550
$3,250,000
Property Type:
Commercial for Sale
Status:
Active
Current Price:
$3,250,000
List Date:
6/30/2026
Last Modified:
6/30/2026
Overview
Description
Listing Details MLS# 1006594
Contract Info
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Street #
- 12273
- Street Name
- Emerald Coast Pkwy
- State
- FL
- Zip Code
- 32550
- County
- Walton
- Parcel ID
- 29-2S-21-42171-000-0121
General Property Info
- Listed on GCCMLS
- Yes
- Vacant
- No
- Immediate Occupancy
- No
- CAM
- 1197
- CAM Per
- Month
- Zoning
- Commercial
Business Only
- Real Estate Option
- Real Estate Conveys
More Information
Income Producing
- Year Built
- 1998
- Price P/SqFt
- 450
- Net Operating Income
- 219504
- Cap Rate
- 6.75
Lot Features
- Coastal Barrier Zone
- No
Office
- # of Units
- 3
Retail
- # of Units
- 2
Location, Tax and Legal
- Unit #
- 121,122,206,207,208
- Sub Area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Legal Description
- Unit 121 Holiday Plaza PH 2 Commercial Condo, Unit 122 Holiday Plaza PH 2 Commercial Condo, Unit 206 Holiday Plaza PH 2 Commercial Condo, Unit 207 Holiday Plaza PH 2 Commercial Condo, Unit 208 Holiday Plaza PH 2 Commercial Condo
Listing Info, Tax & Legal
- As Is
- Yes
Remarks & Misc
- Remarks
- Investor Opportunity! 5 Units total with annual NET operating income of $219,504,00 Single tenant leasing all 5 units and under contract for 3 year lease agreement. Units 206-208 are office space and units 121-122 are a fully functioning commercial laundry. Laundry equipment can be included with purchase. The total sq ft of office space is 4,187 for units 206-208 and the total sq ft of laundry area units 121-122 is 3000 ft, Total space is 7,187 ft heated and cooled. Don't miss this opportunity in Walton Co!
Class
- Business Only
- Yes
- Income Producing
- Yes
- Office
- Yes
- Retail
- Yes
Construction Status
- Existing
- Yes
Doors & SqFt
- Door Height
- 7
Property Features
Class:
Business Only; Income Producing; Office; Retail
Construction Status:
Existing
Listing Office:
Five Star Properties RE FL Inc
Last Updated: June - 30 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.