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12870 US Hwy 98 26,773 SF Flex Building Miramar Beach, FL 32550 $5,995,000 ($223.92/SF)

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INVESTMENT HIGHLIGHTS

  • 45,000+ vehicles daily
  • Loading dock with oversized cargo elevator

EXECUTIVE SUMMARY

POTENTIAL ASSUMABLE MORTGAGE! Iconic freestanding retail building oriented on a prime 1.25-acre parcel located between Destin and Sandestin of Miramar Beach, Florida. This imposing and renovated two-story building projects a stately and undeniable commanding presence to an approximate 45,000+ vehicles that pass by this phenomenal site daily. This pre-engineered steel building was originally constructed in 1995, followed by the addition of its expanded warehouse in 1998. The gross building area is approximately 26,773 SF, of which 13,248 SF is finished retail showroom and office space, while the remainder, approximately 13,525 SF, yields conditioned warehouse space. A loading dock to offload semi-trailers, an oversized cargo elevator to service both concrete floors of the warehouse, and industrial-grade metal racks all logistically and space effectively accommodate a massive amount of inventory to supply the flourishing market known as the Emerald Coast of Florida. All showings require the listing brokers(s) to accompany and must be scheduled with a minimum of (48) hours of advanced notice. Please inquire for further details.

PROPERTY FACTS

Price $5,995,000
Price Per SF $223.92
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Showroom
  • General Retail Freestanding
Building Class B
Lot Size 1.25 AC
Rentable Building Area 26,773 SF
No. Stories 2
Year Built 1995
Tenancy Single
Parking Ratio 1.31/1,000 SF
Zoning Coastal Center Mixed Use - Please note Walton County, Florida Land Use Map for Verification of Zoning Classification and Description.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Carrot Top Designs
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Carrot Top Designs Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-2S-21-42000-001-0012
Land Assessment
$500,480
Improvements Assessment
$3,468,941
Total Assessment
$3,969,421
  • Listing ID: 37691552

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 12870 US Hwy 98, Miramar Beach, FL 32550

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