Mixed-Use Land for Sale in Destin, Florida

12272 US-98 Destin, FL 32550

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0.65 Acres of Mixed-Use Land for Sale in Destin, Florida
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$2,699,000
0.65 acres
Active sale agoEst $21,289/mo

Freestanding Building in Miramar Beach, FL with Expansion Potential

Welcome to this prime commercial property in Miramar Beach, Florida, This versatile building presents a unique income-producing opportunity, ideal for an owner-user looking to occupy the first floor while retaining a long-term tenant, Causeway Coffee, on the second floor.

Key Features: Location: Located in the vibrant community of Miramar Beach, Florida, known for its tourism and commercial activities. Size: Nearly 5,000 ft of existing building footprint with potential for an additional 8,000 sq ft of improvements, perfect for expanding current operations. Click here for a virtual tour of the building:

https://tour.pivo.app/view/68be7b34-f5d2-493b-873e-a1c07940e7a2 The approx 0.5 acres behind the building can be purchased for an additional $550K if purchased along with the front building. If purchaser wants to purchase the front building only, the closing will be subject to the property going through the subdivision process with Walton County. The acreage listed is only an approximate and will be finalized once the subdivision process has been completed.

Directions

North side of 98 just to the west of Gold's Gym and just to the east of Holiday Rd Intersection

Location

Street Address
12272 US-98
County
Walton County
Community
Miramar/Sandestin Resort
Elevation
13 feet
Coordinates
30.3857, -86.3764
Land for sale in Florida

Property details

MLS Number
ECARMLS 961517
Date Posted

Parcels

  • 29-2S-21-42000-011-0012

Legal description

COM SE/C NW4 SEC 29-2S-21W, N 02 DEG 16'03''E 302.05FT TO N ROW ST RD 30 (US 98) N 87 DEG 28'57''W ALG ROW 768.38FT, CONT N 87 DEG 28'57 W ALG ROW 540.18FT TO POB; CONT ALG LAST DESC COURSE 300FT, N 02 DEG 24'37''E 400FT, S 87 DEG 37'23''E 300FT,S 02 DEG 24'37''W 400FT TO POB. OR 1360-139 OR 1360-142 LESS AND EXCEPT: W 174FT OF THE ABOVE DESC PRCL. OR 2925-1601 OR 3264-689

Resources

This 0.65-acre property is located at 12272 US-98 in Destin, FL 32550 with latitude 30.3857 and longitude -86.3764. The property is currently available for sale for $2,699,000 with a price per acre of $4,152,308. Listing data is sourced from Emerald Coast Association of Realtors # 961517.

Verify sale details at the property source or contact eXp Realty at (888) 883-8509.

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Copyright (C) 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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