1200 Scenic Gulf Dr, MIRAMAR BEACH, FL

$5,250,000

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16,117

Square feet

0.37

Acres

Description

**HUGE PRICE IMPROVEMENT** 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, 1688 & 2052 Scenic Gulf package deal at $18,500,000

Legal Description

A COMMERCIAL SPACE AS SHOWN ON 1ST FLOOR PLAN OF MAJESTIC SUN PHII OR 2303-130 DESC AS: UNIT II-B MAJESTIC SUN PH II (SEE PLAN IN OR 2386-872) OR 2747-3182 OR 2873-2704

Features of 1200 Scenic Gulf Dr

MLS® # 938654
Price $5,250,000
Square Footage 16,117
Acres 0.37
Type Commercial Sales
Status Active

Community Information

Address 1200 Scenic Gulf Dr
Area Miramar/Sandestin Resort
Subdivision
City MIRAMAR BEACH
County WALTON
State FL
Zip Code 32550

Amenities

Is Waterfront No

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEmerald Coast Realty Group

Price History for MLS #938654

Date Details Change
Price Reduced from $5,650,000 to $5,250,000 $400,000 (7.08%)

For more information call

(850) 325-0004

Listing Map

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