Destin, FL 32550,12244 US-98
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Destin, FL 32550,12244 US-98
Destin, FL 32550,12244 US-98
Destin, FL 32550,12244 US-98
Destin, FL 32550,12244 US-98
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Natalie Mitchell

Natalie Mitchell

Engel & Völkers

+1(850) 212-3048
$ 12,000,000
Est. payment /mo
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12244 US-98 Destin, FL 32550

38,175 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Commercial

Sub Type Freestanding

Listing Status Active

Purchase Type For Sale

Square Footage 38,175 sqft

Price per Sqft $314

MLS Listing ID 978842

Property Sub-Type Freestanding

Property Description

This rare assemblage of prime retail, showroom, and warehouse does not currently exist in the local market, which is adjacent to the synergistic retail nucleus of Silver Sands Outlet Mall and centralized to all the local mixed-use districts, successfully drawing population from all local peripheral sub-markets, including but not limited to Destin and Scenic 30A of Santa Rosa Beach, Florida. Fronting Highway 98 in Miramar Beach, Florida, nearly 50,000 vehicles pass by its 196 fronting feet daily, which ingress and egress lures the traffic into the retail facilities through the convenience of the traffic light at North Geronimo Street and Highway 98. The current owner has committed significant capital to renovate both buildings, which even includes approximately $300,000 for new...

Location

State FL

County Walton

Area 15 - Miramar/Sandestin Resort


Listed by Somers & Company
agent

Natalie Mitchell

Real Estate Advisor

+1(850) 212-3048

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