1200 Scenic Gulf Dr, MIRAMAR BEACH

$5,250,000

0 Beds
0 Baths
16,117 Sqft
.37 Acres
0 Garages

**HUGE PRICE IMPROVEMENT** Scenic Gulf Dr commercial Retail space for sale! Extremely desirable and limited commercial space inside the Majestic Sun building within the Seascape Resort community. This bottom floor space contains 7,125 sq ft with direct views of the Gulf of Mexico. Current rent income is over $192,000 yearly with owner occupying 6255sq ft. paying only $18sq ft. Lots of room for growth here. Owner is willing to stay for a short term, leave immediately or even sell merchandise and train new staff to operate existing retail business. National franchise Kilwins occupies the other space on a new lease. Owner willing to sell all 3 listings together 1200, 1688 & 2052 Scenic Gulf package deal at $18,500,000

Essential Information
MLS® #938654
Price$5,250,000
Square Footage16,117
Acres0.37
TypeCommercial Sales
StatusActive
Community Information
Address1200 Scenic Gulf Dr
AreaMiramar/Sandestin Resort
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Additional Information
Days on Website129
Listing Details
OfficeEmerald Coast Realty Group
Property History
Price Reduced from $5,650,000 to $5,250,000
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Listing information last updated on April 27th, 2024 at 7:30am CDT.