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12289-12889 US Highway 98 W - Miramar Plaza 1,716 SF Retail Condo Unit Offered at $495,000 in Miramar Beach, FL 32550

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PROPERTY FACTS

Total Building Size 61,224 SF
Property Type Retail (Condo)
Building Class C
Floors 1
Typical Floor Size 1,716 SF
Year Built 2006
Lot Size 4.68 AC
Zoning HWy98 - Highway Commercial

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage

1 UNIT AVAILABLE

Unit 105b

Unit Size 1,716 SF
Price $495,000
Price Per SF $288.46
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 5.46%
NOI $27,027
DESCRIPTION

Great investment opportunity to own a commercial condo space in the Miramar plaza strip center on US Highway 98 in Miramar beach across from mcd0nalds and the new botanic apartments.  This unit has 1716 sf of space currently occupied by a restaurant with lease through April 2026.  Gross rental income $43,200

SALE NOTES

Calling agent for showing information - do not disturb the tenant

NEARBY MAJOR RETAILERS

CrossFit
Cadence Bank
The Bad Ass Coffee Co.
Gold's Gym
Renasant Bank
  • Listing ID: 36600137

  • Date on Market: 7/3/2025

  • Last Updated:

  • Address: 12289-12889 US Highway 98 W, Miramar Beach, FL 32550

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