11275 Emerald Coast Parkway, Miramar Beach, FL 32550
$7,900,000
Property Type:
Commercial for Sale
Lot Size (sq. ft.):
100,188
Status:
Active
Current Price:
$7,900,000
List Date:
5/28/2025
Last Modified:
1/13/2026
Overview
Description
28,000 SF Retail Center located in Destin ( Miramar Beach ) FL 11 unit complex fully leased, high traffic and high profile Retail Center, located at the corner of Emerald Coast Pkwy and South Geronimo Street, located, Silver Sands Outlet Mall, great investment with great potential
Listing Details MLS# 977384
Contract Info
- GCCMLS Number
- 42673033
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Street #
- 11275
- Street Name
- Emerald Coast
- Street Suffix
- Parkway
- State
- FL
- Zip Code
- 32550
- County
- Walton
- Parcel ID
- 28-2S-21-42000-003-0030
General Property Info
- Listed on GCCMLS
- Yes
- Vacant
- No
- Immediate Occupancy
- No
- Acreage
- 2.3
Retail
- Year Built
- 1998
- Building SqFt
- 28000
- Actual Gross Income
- 425000
- Net Operating Income
- 140000
- # of Units
- 11
- Vacancy Rate
- 0
More Information
Location, Tax and Legal
- Sub Area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Property Name
- Rufus Ray Plaza
- Legal Description
- Parcel id# 28-2S-21-42000-003-0030
Listing Info, Tax & Legal
- As Is
- Yes
Remarks & Misc
- Remarks
- 28,000 SF Retail Center located in Destin ( Miramar Beach ) FL 11 unit complex fully leased, high traffic and high profile Retail Center, located at the corner of Emerald Coast Pkwy and South Geronimo Street, located, Silver Sands Outlet Mall, great investment with great potential
Class
- Retail
- Yes
Construction Status
- Existing
- Yes
Property Features
Class:
Retail
Construction Status:
Existing
Listing Office:
NBI Properties Inc
Last Updated: January - 13 - 2026
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.