12870 Us Highway 98, Destin, FL 32550 (MLS# 890670)

12870 Us Highway 98, Destin, FL 32550

$4,800,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 54,450 Status: Sold

Current Price: $4,800,000 List Date: 2/08/2022 Last Modified: 10/13/2024

Overview

Description

Iconic freestanding retail building oriented on a prime 1.25-acre parcel located between Destin and Sandestin, Florida. This imposing two-story building projects a stately and undeniable commanding presence to an approximate 45,000 vehicles that pass by this phenomenal site daily. This pre-engineered steel building was originally constructed in 1995, followed by the addition of its expanded warehouse in 1998. The gross building area is approximately 26,773 SF, of which 13,248 SF is finished retail showroom and office space, while the remainder, approximately 13,525 SF, yields conditioned warehouse space. A loading dock to offload semi-trailers, an oversized cargo elevator to service both concrete floors of the warehouse, and industrial-grade metal racks all logistically and...

Supplements: space effectively accommodate a massive amount of inventory to supply the flourishing market known as the Emerald Coast of Florida. All showings require the listing brokers to accompany and must be schedule with a minimum of 72-hours of advanced notice. Please inquire for further details.

Listing Details MLS# 890670

Status Change Info

Under Contract Date: 2022-02-07
Sold Date: 2022-07-29

Contract Info

GCCMLS Number: 30787459
Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort
Street #: 12870
Street Name: Us Highway 98
State: FL
Zip Code: 32550
County: Walton
Parcel ID: 30-2S-21-42000-001-0012

General Property Info

Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
Acreage: 1.25

Retail

Year Built: 1995
Building SqFt: 26773
# of Units: Yes

More Information

Location, Tax and Legal

Sub Area: 1501 - Miramar Beach North
Property Name: Lovelace Interiors
Legal Description: Walton County, Florida Parcel ID: 30-2S-21-42000-001-0012

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Iconic freestanding retail building oriented on a prime 1.25-acre parcel located between Destin and Sandestin, Florida. This imposing two-story building projects a stately and undeniable commanding presence to an approximate 45,000 vehicles that pass by this phenomenal site daily. This pre-engineered steel building was originally constructed in 1995, followed by the addition of its expanded warehouse in 1998. The gross building area is approximately 26,773 SF, of which 13,248 SF is finished retail showroom and office space, while the remainder, approximately 13,525 SF, yields conditioned warehouse space. A loading dock to offload semi-trailers, an oversized cargo elevator to service both concrete floors of the warehouse, and industrial-grade metal racks all logistically and...

Class

Retail: Yes

Construction Status

Existing: Yes

Property Features

Class: Retail Construction Status: Existing

Listing Office: Somers & Company

Last Updated: October - 13 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.