12272 Us Highway 98, Destin, FL 32550

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$2,995,000

bedrooms

bathrooms

square feet

Acreage

1.16

Open Houses

year built

Full Baths

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Freestanding Building in Miramar Beach, FL with 8,300 ft Expansion Potential!! Investors take note!!! 7% cap rate with long term leases on current building!!! 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 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 8,300 sq ft of improvements. Click here for a virtual tour of the building: https://tour.pivo.app/view/68be7b34-f5d2-493b-873e-a1c07940e7a2 See attachments for expansion site plan layout

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

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MLS number: 955342

Listing agent: Gregory E Ganske

Listing broker: Exp Realty Llc (888) 883-8509

Copyright © 2025 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. [source]

Last update: Tuesday, March 25 2025 at 1:56 a.m. EDT

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