12889 Us Highway 98 W , #ste 105b, Miramar Beach 32550 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 978255 Price: $495,000.00 Year Built: 2000
Square Feet: 1716 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 0.03 acres Lot Dimensions: Not available

Subdivision: Not available

Description:

Great investment opportunity to own commercial retail condo in Miramar Plaza on US Hwy 98 in Miramar Beach across from McDonald`s and the new Botanic Apartments. Unit 105B has 1716 SF of space presently occupied by restaurant with lease. Gross rent $43,200 annually with tenant paying utilites and maintenance. Owner pays insurance, taxes and CAM fee

Photos

Features

Sale Type: Real Estate Owned (REO)

Commercial Features

  
Income-Producing Year Built: 2000 Income-Producing Building Square Footage: 1716
Income-Producing Price/Square Foot: 288.46 Income-Producing Annual Gross Income: 43200 Income-Producing Expenses: 16153
Income-Producing Net Operating Income: 27046 Income-Producing Cap Rate: 6
Income-Producing Property Type: RestaurantRetail Number of Units: 1

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This listing provided courtesy of RE/MAX by the Sea.
This information was last updated on 6/14/2025 9:02:53 PM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.


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