Commercial Outparcels on Highway 98 ~ Miramar Beach, FL

Vacant Land for Sale
Catylist Listing ID: 30832121
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 1.50 - 6.15 Acres
Sale Price: $2,000,000 - 6,900,000
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 9/8/2023

Overview / Comments

Prime Commercial / Mixed Use Development Opportunity in Miramar Beach, FL. This High & Dry 6.15 acres sits along Highway 98 with a traffic count over 50,000 cars per day (FDOT 2021). This property can be purchased as a whole or subdivided into outparcels. The seller is willing to entertain a Sale, Ground Lease or Build to Suit. This parcel has 125,000 SF Mixed Use density entitled within this PUD. Frontage Outparcels ~ $32/SF (Lots 1 {1.5 acre} Lot 2 {1.7 acre}; Rear Parcel ~ $24/SF (2.8 acres) Offsite Retention creating more buildable square footage.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 30-2S-21-42000-005-0000
Property Located Between: Destin Commons and Silver Sands Outlet Mall
Property Visibility: Excellent
Feet of Frontage: 563
Traffic/Vehicle Count: 50,050
Highway Access: Highway 98
Part of Planned Development?: Yes
Development Name: Seashells Phase 6
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,008 7,660 13,820
Median Age: 49.31 46.38 44.51
Households: 916 3,522 6,219


Photograph of Listing Agent

Brett Stuart

Taylor Allen Properties LLC Gulf Coast CMLS Member
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