12273 Emerald Coast Pkwy 121,122,206,207,208, Miramar Beach, FL 32550

$3,250,000

Property Type: Commercial for Sale Status: Active

Current Price: $3,250,000 List Date: 6/30/2026 Last Modified: 6/30/2026

Overview

Description

Investor Opportunity! 5 Units total with annual NET operating income of $219,504,00 Single tenant leasing all 5 units and under contract for 3 year lease agreement. Units 206-208 are office space and units 121-122 are a fully functioning commercial laundry. Laundry equipment can be included with purchase. The total sq ft of office space is 4,187 for units 206-208 and the total sq ft of laundry area units 121-122 is 3000 ft, Total space is 7,187 ft heated and cooled. Don't miss this opportunity in Walton Co!

Listing Details MLS# 1006594

Contract Info

Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort
Street #: 12273
Street Name: Emerald Coast Pkwy
State: FL
Zip Code: 32550
County: Walton
Parcel ID: 29-2S-21-42171-000-0121

General Property Info

Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
CAM: 1197
CAM Per: Month
Zoning: Commercial

Business Only

Real Estate Option: Real Estate Conveys

More Information

Income Producing

Year Built: 1998
Price P/SqFt: 450
Net Operating Income: 219504
Cap Rate: 6.75

Lot Features

Coastal Barrier Zone: No

Office

# of Units: 3

Retail

# of Units: 2

Property Features

Class: Business Only; Income Producing; Office; Retail Construction Status: Existing

Listing Office: Five Star Properties RE FL Inc

Last Updated: June - 30 - 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.

12273 Emerald Coast Pkwy 121,122,206,207,208, Miramar Beach, FL 32550 (MLS# 1006594)