12200 US Highway 98 W | Miramar Beach, FL 32550
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12200 US Highway 98 W
Miramar Beach, FL 32550
Gold's Gym, Miramar Beach, FL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LOCATION: Traffic count of 51,000 AADT
- 7,000 SF of lot area to expand rear of the building (currently gravel)
- Currently operated as absentee ownership with on-site payroll for management
- Well Established franchise with a grandfathered franchise fee at 3% franchise fee (New locations require 5%)
- True opportunity for owner/operator (reduction of payroll & on-site management efficiencies)
- Complete the build-out of merchandise, supplements, and F&B area for additional revenue
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,032 SF
Building Class
B
Year Built/Renovated
1999/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.84 AC
Zoning
HWY 98 - (CC) Coastal Center. Most Commercial and Residential uses are permitted
Parking
75 Spaces (6.79 Spaces per 1,000 SF Leased)
Frontage
110’ on 12200 Hwy 98
PROPERTY TAXES
| Parcel Number | 29-2S-21-42000-011-0017 | Improvements Assessment | $1,073,433 |
| Land Assessment | $1,320,000 | Total Assessment | $2,393,433 |
PROPERTY TAXES
Parcel Number
29-2S-21-42000-011-0017
Land Assessment
$1,320,000
Improvements Assessment
$1,073,433
Total Assessment
$2,393,433
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