Retail Space
11662 U.S. 98 Miramar Beach, FL 32550
Details & Description
Price: $1,750,000
    11662 Hwy 98 W is a highly visible building with an attractive stucco facade and large storefront windows. The building is currently divided into two units. One is the owner-operated mattress store that has a large, open showroom with approximately 3,293+/- sf of ground floor retail space and an additional 1,071 +/- sf of second floor mezzanine area. The other unit is approximately 1,000+/- sf and is currently operating as a dry cleaning business, which is on a month-to-month lease.The property enjoys a prominent position and excellent visibility on Emerald Coast Parkway, the Destin area's premier commercial corridor. Additionally, there is a signalized intersection in front of the subject property providing full and convenient vehicle access. Daily traffic counts are approximately 49,000 +/- vehicles per day.
    Additional Photos
    Listing Agents
    Kevin Wattenbarger

    O: 850-913-9133
    M: 850-532-5454
    kevin@kwa-cre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    11662 U.S. 98

    Miramar Beach, FL 32550

    Listing ID: 206194
    • 11662 U.S. 98 Miramar Beach, FL 32550 | for Sale | Photo 1
    • 11662 U.S. 98 Miramar Beach, FL 32550 | for Sale | Photo 2
    • 11662 U.S. 98 Miramar Beach, FL 32550 | for Sale | Photo 3
    • 11662 U.S. 98 Miramar Beach, FL 32550 | for Sale | Photo 4
    11662 U.S. 98 | for Sale | Thumbnail 1
    11662 U.S. 98 | for Sale | Thumbnail 2
    11662 U.S. 98 | for Sale | Thumbnail 3
    11662 U.S. 98 | for Sale | Thumbnail 4
    Building Size: 5,493 SF
    Lot Size: 0.348 AC
    Land Size: 15,158 SF
    Building $/SF: $318.59
    Land $/SF: $115.45
    Price
    $1,750,000
    Description

    11662 Hwy 98 W is a highly visible building with an attractive stucco facade and large storefront windows. The building is currently divided into two units. One is the owner-operated mattress store that has a large, open showroom with approximately 3,293+/- sf of ground floor retail space and an additional 1,071 +/- sf of second floor mezzanine area. The other unit is approximately 1,000+/- sf and is currently operating as a dry cleaning business, which is on a month-to-month lease.

    The property enjoys a prominent position and excellent visibility on Emerald Coast Parkway, the Destin area's premier commercial corridor. Additionally, there is a signalized intersection in front of the subject property providing full and convenient vehicle access. Daily traffic counts are approximately 49,000 +/- vehicles per day.

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    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Pensacola History of Retail Space for Sale

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    Miramar Beach Area Market Trends

    Listing Demographics for 11662 U.S. 98 Miramar Beach, FL 32550

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,99526,36149,016
    Population Median Age464545
    Population by Age0-9 Yrs243 (6%)1651 (6%)3463 (7%)
    10-19 Yrs510 (12%)3628 (13%)6104 (12%)
    20-29 Yrs376 (9%)2454 (9%)4821 (9%)
    30-39 Yrs437 (10%)2885 (10%)5757 (11%)
    40-49 Yrs265 (6%)2240 (8%)4849 (9%)
    50-59 Yrs766 (19%)4837 (18%)7958 (16%)
    60-69 Yrs812 (20%)5127 (19%)8923 (18%)
    70+ Yrs585 (14%)3539 (13%)7141 (14%)
    Median HH Income$76,978$80,063$82,306
    Total Household Income< 24K87 (5%)827 (7%)1778 (8%)
    25-49K468 (27%)2391 (21%)4220 (20%)
    50-74K289 (16%)2006 (18%)3677 (17%)
    75-99K187 (10%)1157 (10%)2533 (12%)
    100-199K499 (29%)3505 (32%)6234 (29%)
    200K+189 (10%)1031 (9%)2389 (11%)
    Highest Education LevelNo Diploma846331244
    Diploma or GED44229175170
    Some College809558110215
    Assoc. Degree23017503118
    Bachelors Degree797547910657
    Higher Degree61331306347
    Total Housing Units5,10226,81746,555
    --Owner-Occupied1,3598,81115,666
    --Renter-Occupied3612,1075,166
    Owner-Occupied Values< 100K35350469
    100-199K110448919
    200-299K31922283710
    300-399K36324303934
    400-499K23011071985
    500K+30222494649
    Total Working Age Population3,37922,03441,011
    In Work Force2,08814,16426,165
    Not In Work Force1,2927,87014,846
    Workforce Employed1,87912,82223,995
    Workforce Unemployed1198511,240
    Civlian Workforce1,99813,67325,236
    Military Workforce90491929
    Total Households1,71910,91820,832
    Family Households1,2127,69514,253
    Non-Family Households5073,2236,579
    Married Couple1,0226,57712,178
    Other Family1901,1192,074
    Married w/Child1781,4872,936
    Single Male w/Child72425673
    Single Female w/Child95448926

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Okaloosa County170,498+6180,822+12202,591+9220,401
    Walton County40,601+3655,043+3071,814+2589,478

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 11662 U.S. 98 in Miramar Beach?
    The asking price for 11662 U.S. 98 is $1,750,000
    What is the building size of this Retail property in Miramar Beach, FL?
    The size of the building/unit at 11662 U.S. 98 in Miramar Beach is 5,493 square feet
    How much land does the Miramar Beach, FL property at 11662 U.S. 98 include?
    11662 U.S. 98 in Miramar Beach includes 0.348 acres of land
    What kind of Retail is the propery at 11662 U.S. 98?
    The property at 11662 U.S. 98 Miramar Beach, FL 32550 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 11662 U.S. 98 in Miramar Beach?
    The population within 1 mile of 11662 U.S. 98 Miramar Beach, FL 32550 is 3,995 people.
    Who do I contact for questions about 11662 U.S. 98?
    You should contact the listing agent, Kevin Wattenbarger, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Destin-Ft Walton Beach Airport (VPS) 12
    Mobile Regional Airport (MOB) 114
    Tallahassee Regional Airport (TLH) 120