9539 W US-98 Highway, Miramar Beach, FL 32550

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$2,650,000

bedrooms

bathrooms

square feet

Acreage

0.17

Open Houses

year built

1986

Full Baths

Half Baths

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Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking. Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.

Location
Subdivision	Gulf Place
County	Walton
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 767398

Listing agent: Carl E Allen #3168405

Listing broker: Counts Real Estate Group Inc (850) 249-3615

Copyright © 2025 Central Panhandle 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. [source]

Last update: Friday, January 17 2025 at 6:07 p.m. EST

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