12555 W US HIGHWAY 98, Miramar Beach, FL 32550
$2,785,000
Property Type:
Commercial for Sale
Lot Size (sq. ft.):
71,003
Status:
Sold
Current Price:
$2,785,000
List Date:
6/08/2016
Last Modified:
10/12/2024
Overview
Description
Listing Details MLS# 754433
Status Change Info
- Under Contract Date
- 2016-08-30
- Sold Date
- 2016-10-26
Contract Info
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Street #
- 12555
- Street Direction
- W
- Street Name
- US HIGHWAY 98
- State
- FL
- Zip Code
- 32550
- County
- Walton
- Parcel ID
- 30-2S-21-42290-000-0110
General Property Info
- Listed on GCCMLS
- No
- Description
- Hackmeyer Destin Venture, LLC
- Property Information
- please contact broker for further details
- Vacant
- No
- Immediate Occupancy
- No
- Acreage
- 1.63
- Lot SqFt
- 71003
- Lot Frontage
- 165
- Lot Depth
- 430
- Zoning
- COMMERCIAL
- Future Land Use
- COASTAL CENTER MIXED USE
Retail
- Year Built
- 2004
- Building SqFt
- 16126
- Price P/SqFt
- 189
- Net Operating Income
- 220000
- Cap Rate
- 7
- # of Units
- 4
More Information
Location, Tax and Legal
- Sub Area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Property Name
- North Beach Shopping Centre
- Legal Description
- LOT 11 S/D OF SE1/4 SEC 30-2S-21 OR 109-107 OR 2266-125 AND ALSO: BEG NW/C OF GOVT LOT 11, N 00 DEG 00'00'' E ALONG NLY EXT OF W LINE 100 FT TO S R/W LINE OF US HWY 98, S 89 DEG 54'03'' E ALONG R/W LINE 164.73 FT TO ITS INT WITH NLY EXT OF E LINE OF LOT 11, DEPARTING R/W LINE S 00 DEG 02'00'' E ALONG EXT TO NE/C OF LOT 11, N 89 DEG 54'03'' W ALONG N BDRY LINE OF LOT 11 164.79 FT TO POB. OR 2266-12
Listing Info, Tax & Legal
- As Is
- Yes
Remarks & Misc
- Remarks
- Prime in-line retail plaza located in Miramar Beach fronting Highway 98 adjacent to the CVS Drugstore, joined by a contiguous parking lot and drive, and with access to a traffic light at Holiday Rd. and Hwy. 98! This shopping center exhibits a high quality, modernized image and offers a desirable site plan for the convenience of patrons, which appeals to tenants, as well as logistically offering convenience for deliveries through its rear loaded nature that is not commonly found in many plazas along Highway 98! Buyer must verify all details, income, and specifications.
Class
- Retail
- Yes
Construction Status
- Existing
- Yes
Property Features
Class:
Retail
Construction Status:
Existing
Listing Office:
Somers & Company
Last Updated: October - 12 - 2024
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.