11275 Emerald Coast Parkway, Miramar Beach, FL 32550 (MLS# 977384)

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

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

More Information MLS# 977384

Contract Info

GCCMLS Number: 42673033 Listing Board: Emerald Coast List Date: 2025-05-28 List Price: $7,900,000

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

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No Acreage: 2.3

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: 1

Construction Status

Existing: 1

Retail

Year Built: 1998 Building SqFt: 28000 Vacancy Rate: 0 Actual Gross Income: 425000 Net Operating Income: 140000 # of Units: 11

None

Current Price: $7,900,000

Status Change Info

Status: Active

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

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.

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