2525 US-98, Santa Rosa Beach, FL 32459

$3,950,000
Property Type: Commercial for Sale Status: Active
Current Price: $3,950,000 List Date: 5/26/2023 Last Modified: 5/26/2023

Description

**Attention 1031 Tax Deferred Exchange Investors** Superb Retail Plaza located in the flourishing Santa Rosa Beach, Florida market on Highway 98 across from Publix, along which approximately 45,000 vehicles pass by daily. The plaza is 100% OCCUPIED by Sherwin Williams and Macho Taco Cantina. This exceptional parcel contains four corners, thus allowing for sensational logistics and flow around the site, providing convenient ingress and egress. The three-space plaza is anchored by Sherwin Williams Paints, which occupies 4,000 SF. The remaining two spaces measure 2,902 SF, with an additional 1,102 SF of adjacent patio/deck space. The landscaping is lush and beautiful. From the sitework to the steel, metal, and masonry construction; the entire plaza and site is fabulously designed and...

Supplements: and over-engineered. The aesthetics of the design is innovative and unique relative to local commercial properties. Please inquire for further details and to schedule a private showing. The seller is a licensed real estate broker and salesperson in the State of Florida.

More Information MLS# 924148

None

Current Price: $3,950,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 30798924 List Date: 2023-05-26 List Price: $3,950,000 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 17 - 30A West Street #: 2525 Street Name: US-98 State: FL Zip Code: 32459 County: Walton Sub Area: 1703 - Santa Rosa Beach and S of 98 East of 393 Parcel ID: 35-2S-20-33280-000-0300 Property Name: Sherwin Williams / Macho Taco Legal Description: THAT PORTION OF LOT 32, SRP SUBDIVISION, LYING SOUTH OF CR 30 (US 98 - 100' ROW) AND WEST OF LYNN DRIVE (50'ROW) AND THAT PORTION OF LOT 31, LYING NORTH OF LOT 23, AMENDED PLAT OF NEALLEY BUSINESS VILLAGE, AND WEST OF LYNN DRIVE(50'ROW) PARCEL SUBJECT TO A 33 FOOT INGRESS AND EGRESS UTILITY EASEMENT ALONG WEST LINE. OR 1600-56 OR 1943-246 OR 3046-1460; LESS SOUTHERN PORTION THEREOF TAKEN FOR HWY 9

General Property Info

Listed on GCCMLS: Yes Property Information: Sherwin Williams & Macho Taco Cantina Vacant: No Immediate Occupancy: No

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: **Attention 1031 Tax Deferred Exchange Investors** Superb Retail Plaza located in the flourishing Santa Rosa Beach, Florida market on Highway 98 across from Publix, along which approximately 45,000 vehicles pass by daily. The plaza is 100% OCCUPIED by Sherwin Williams and Macho Taco Cantina. This exceptional parcel contains four corners, thus allowing for sensational logistics and flow around the site, providing convenient ingress and egress. The three-space plaza is anchored by Sherwin Williams Paints, which occupies 4,000 SF. The remaining two spaces measure 2,902 SF, with an additional 1,102 SF of adjacent patio/deck space. The landscaping is lush and beautiful. From the sitework to the steel, metal, and masonry construction; the entire plaza and site is fabulously designed and...

Office/Member Info

Cooperative Comp: 2.5 Cooperative Comp Type: %

Retail

Year Built: 2019 Building SqFt: 7307 # of Units: 3 Property Type: Strip Center

Property Features

Class: Retail Construction Status: Existing
Listing Office: Somers & Company
Listing Agent: John Paul Somers
Last Updated: May - 26 - 2023

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