Active

1200 Scenic Gulf Drive

Miramar Beach FL, 32550

$5,250,000


$736.84 per sqft

Active

7,125 sqft

Commercial

Built in 1974

***MAJOR PRICE REDUCTION*** Owner now willing to separate and sell properties individually*** Scenic Gulf Dr commercial Retail space for sale! Extremely desirable and limited commercial space inside the Majestic Sun building within the Seascape Resort community. This bottom floor space contains 7,125 sq ft with direct views of the Gulf of Mexico. Current rent income is over $192,000 yearly with owner occupying 6255sq ft. paying only $18sq ft. Lots of room for growth here. Owner is willing to stay for a short term, leave immediately or even sell merchandise and train new staff to operate existing retail business. National franchise Kilwins occupies the other space on a new lease.***Owner willing to sell all 3 listings together 1200 Scenic Gulf, 1688 Scenic Gulf & 2052 Scenic Gulf package deal at $18,500,000***

741114

MLS ID

May 6, 2023

Listed

February 20, 2024

Updated

Map

1200 Scenic Gulf Drive
Miramar Beach FL, 32550

Other Property Details

Area Name

12 - Walton County


Days on Market

265


Garage

No


View

Yes


View Description

Bay, Lagoon


County

Walton


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

2/9/2024

Price Change

$5,250,000

-8%

2/9/2024

Price Change

$5,250,000

-8%

1/18/2024

Price Change

$5,649,500

-1%

12/20/2023

Price Change

$5,650,000

-2%

 

Courtesy of Emerald Coast Realty Group, DJ T Janovyak,
Listing Contact: (850) 866-1999 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marie Babin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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