Retail Space - For Sale
11662 U.S. 98 Miramar Beach, FL 32550
Details & Description
Price: $1,750,000
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.348
  • Building Sq Ft 5,493
  • Building Price per Sq Ft $318.59
  • Land Sq Ft 15,158
  • Land Price per Sq Ft $115.45
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
SVN Commercial Real Estate Adv
O: 850-913-9133
M: 850-532-5454
kwattenbarger@svn.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
$1,750,000
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.348
  • Building Sq Ft 5,493
  • Building Price per Sq Ft $318.59
  • Land Sq Ft 15,158
  • Land Price per Sq Ft $115.45
  • 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
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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.

Attachments & Files

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

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.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
91 Scenic Gulf Drive, Miramar Beach, FL $2,200,000 6800 0.61
63 Hotz Avenue, Santa Rosa Beach, FL $3,900,000 4150 0.16
1281 Eglin Parkway, Shalimar, FL $1,029,000 3397 0.5
1103 U.S. 331, DeFuniak Springs, FL $5,599,000 14820 -
136 Alf Coleman Rd, Panama City Beach, FL CALL 500 -
11770 Panama City Beach Parkway, Panama City Beach, FL $1,599,000 5041 0.74
7905 Front Beach Road, Panama City Beach, FL $1,767,000 2083 1.5
2704 15th Street, Panama City, FL $350,000 2508 0.74
6737 Caroline Street, Milton, FL $125,000 4451 0.19
908 East 23rd Street, Panama City, FL CALL 4000 1
Closest Commercial Airports
Airport Distance (mi)
Destin-Ft Walton Beach Airport (VPS) 12
Mobile Regional Airport (MOB) 114
Tallahassee Regional Airport (TLH) 120
Listing Agent
Kevin Wattenbarger - CRE Agent at SVN Commercial Real Estate Adv

Kevin Wattenbarger

SVN Commercial Real Estate Adv
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