2052 Scenic Gulf Dr - Storefront FOR SALE


Miramar Beach, FL 32550
$5,500,000 USD
850-235-2551
2052 Scenic Gulf Dr, Miramar Beach, FL for Sale
$5,500,000 USD
Storefront - FOR SALE
1/8
null | 9.67% Cap Rate

2052 Scenic Gulf Dr
Miramar Beach, FL 32550


HIGHLIGHTS

  • Can build apartments on top
  • Across from beach
  • Price per sq ft lower than residential

OVERVIEW

**Owner now willing to sell building separately** Free standing building, 3,440 sq ft. Highly desirable retail location across the road from the beaches of the Gulf of Mexico. Tremendous resort beach visitor traffic. Happy Beach Life occupies 1720 sq ft of the building. Frozen Dunes, tenant, has 860 sq ft. on an older lease. Emerald coast cruiser occupies 860 sq ft on a brand new lease. CAM is $19,691 annually. Current rent income is $313,860 annually. Able to build apartments on top of commercial space. ***Owner willing to sell all 3 listings together 1200 Scenic Gulf, 1688 Scenic Gulf & 2052 Scenic Gulf as a package deal for only $18,999,999***

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$1,599 USD /SF

CAP RATE

9.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

Commercial

APN/PARCEL ID

30-2S-21-42290-000-1080

ASK ABOUT THIS PROPERTY

Don JanovyakEmerald Coast Realty GroupMore Info
850-235-2551

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Don JanovyakEmerald Coast Realty GroupMore Info
850-235-2551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.