1688 Scenic Gulf Dr, MIRAMAR BEACH, FL


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Square feet



About 1688 Scenic Gulf Dr

HUGE PRICE IMPROVEMENT! Free Standing Building. Highly desirable retail location across the road from the Gulf of Mexico. Tremendous resort visitor traffic. The owner of building occupies the majority (4574sq ft) and has 3 other tenants including national franchise Dairy Queen, Emerald Coast Beach Home Realty, and Pascali Kitchen, all lease are on the back end of their term. Owner could stay as a tenant or relocate. CAM is $34,639.35 annually. Current rent income is $248,814 annually, with owner paying well below market rent. Owner also willing to sell existing inventory if buyer wants to continue retail business. If torn down, can be built up to 3 stories. ***Owner wants to sell all 3 listings together 1200, 1688 & 2052 Scenic Gulf Dr at $18,500,000

Features of 1688 Scenic Gulf Dr

MLS® # 931628
Price $8,450,000
Square Footage 19,602
Acres 0.45
Type Commercial Sales
Status Active

Community Information

Address 1688 Scenic Gulf Dr
Area Miramar/Sandestin Resort
State FL
Zip Code 32550


Is Waterfront No


Lot Description 200 x 98

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEmerald Coast Realty Group

Listing Map

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