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.
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Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Walton |
| Taxing Authority: |
Walton County |
| Tax ID/APN: |
30-2S-21-42000-005-0000 |
| Zoning: |
COASTAL CENTER |
| 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 |
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 |
|
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