12272 US-98

Destin, FL 32550

Freestanding Building in Miramar Beach, FL with Expansion PotentialWelcome to this prime commercial property in Miramar Beach, Florida, This versatile building presents a unique income-producing opportunity, ideal for an owner-user looking to occupy the first floor while retaining a long-term tenant, Causeway Coffee, on the second floor.Key Features: Location: Located in the vibrant community of Miramar Beach, Florida, known for its tourism and commercial activities. Size: Nearly 5,000 ft of existing building footprint with potential for an additional 8,000 sq ft of improvements, perfect for expanding current operations.Tenancy: Secure income stream with Causeway Coffee occupying the second floor with a long-term lease. This Listing is for the front building and current parking. The approx 0.5 acres behind the building can be purchased for an additional $550K if purchased along with the front building. If purchaser wants to purchase the front building only, the closing will be subject to the property going through the subdivision process with Walton County. The acreage listed is only an approximate and will be finalized once the subdivision process has been completed.

Listing courtesy of Gregory E Ganske of EXP Realty LLC



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Emerald Coast Association of Realtors MLS.
Data last updated at: 2024-07-22 06:25 PM UTC