- Price$5,250,000
- Built1974
1200 Scenic Gulf Drive, Miramar Beach
***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***
Essential Information
- MLS® #741114
- Price$5,250,000
- Bathrooms0.00
- Acres0.00
- Year Built1974
- TypeCommercial Sale
- Sub-TypeRetail
- StatusActive
Amenities
- ViewBay, Lagoon
- Is WaterfrontYes
- WaterfrontBay Front, Gulf Access
Additional Information
- Date ListedMay 6th, 2023
Community Information
- Address1200 Scenic Gulf Drive
- Area12 - Walton County
- SubdivisionMajestic Sun
- CityMiramar Beach
- CountyWalton
- StateFL
- Zip Code32550
Interior
- Stories1
Listing Details
- Listing OfficeEmerald Coast Realty Group
Price Change History for 1200 Scenic Gulf Drive, Miramar Beach, FL (MLS® #741114)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $5,250,000 | $399,500 (7.07%) | |
| Price Reduced | $5,649,500 | $500 (0.01%) | |
| Price Reduced (from $5,750,000) | $5,650,000 | $100,000 (1.74%) |
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service