Listing ID931628
Price$8,750,000
StatusActive
Acres 0.450
CountyWalton
Property TypeCommercial Sale
*** Price improvement, owner also now willing to sell buildings individually*** Free Standing Building. Highly desirable retail location across the road from the beaches of the Gulf of Mexico. The owner of building occupies the majority and has 3 tenants, all leases are on the back end of their term. Owner could stay or relocate. CAM is $34,639 annually. Rent income is $248,814 annually w/ owner paying below market rent.Will sell existing inventory if buyer wants to continue a retail business. If torn down, can build up to 3 stories. *** Owner would like to sell all 3 listings together 1200 Scenic Gulf, 1688 Scenic Gulf & 2052 Scenic Gulf as a package deal at $18,999,999 ***
© 2023 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). The information being provided is 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 is believed to be accurate but is not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Saturday, September 23rd, 2023 03:50:16 AM. Listing courtesy of Emerald Coast Realty Group.
#IDX-primaryPhoto,#idx-details-headerListed by: Emerald Coast Realty Group (850) 235-2551

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Chris Wooten

631 Cornwall Terrace
Mary Esther, FL 32569
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https://listings.chriswootenrealestate.com
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