12870 Us Highway 98 $5,950,000

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    12870 Us Highway 98 Destin, FL 32550

    • 1.25 Acres
    • Commercial
    • MLS# 890670
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    Views: 78 Days On Site: 148

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    Property Details

    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...

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    Neighborhood

    32550 (Destin) Demographics

    56 Median Age
    1,122 Population Density (per sq. mile)
    63% College Educated
    $70,842 Estimated Median Income
    2,763 Estimated Total Home Owners
    1,152 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,310 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $710,000 Median Sales Price
    97 Homes Sold
    187 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,950,000
        2/7/2022 8:39:00 PM New in Database Source: Multiple Listing Service New Value: $5,950,000

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        The information displayed on this website comes in part from the IDX Program of the Florida Association of Realtors provided through the Florida Living Network. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty are marked with the Broker Reciprocity thumbnail logo or the logo of the Florida Living IDX. Copyright 2022, FAR. All rights reserved. FAR and Berkshire Hathaway HomeServices PenFed Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.