Ad #6305881
MLS #978842
Extraordinary freestanding retail building oriented on a prime
12244 US-98, Destin, FL 32550
$5,995,000
--Beds
--Baths
--Sqft
1.18Acres
About this property
Extraordinary freestanding retail building oriented on a prime corner parcel at a signalized intersection in proximity to the synergistic retail nucleus of Silver Sands Premium Outlets in South Walton County, Florida, and centralized to all the local mixed-use districts, successfully catering to retail patrons from all local peripheral sub-markets, including but not limited to Destin and Scenic 30A of Santa Rosa Beach, Florida. Fronting Highway 98 in Miramar Beach, Florida, +/-50,000 vehicles pass by its 196 fronting feet daily, which convenient ingress and egress lures the traffic into the retail facility through the traffic light at North Geronimo Street and Highway 98 in Miramar Beach, Florida. The current owner has committed significant capital by renovating the building, which even includes escalators to service the second floor of the main showroom. The parcel contains a two-story building, oriented on approximately 1.18 acres, hosting prime retail and showroom space, as well as private offices, collectively measuring approximately 26,893 conditioned square feet. There is a 3rd floor that accommodates a spectacular executive office, accessible via a private *floating* staircase. The structural integrity of the building is phenomenal, and the finishes throughout are exceptional. This opportunity is irreplaceable, as Walton County land development code would neither accommodate this expansive yield, nor would a developer endeavor upon such a project, as the development and building costs indicative of this era, coupled with land costs, (even if such prime vacant commercial land at a traffic light were available, which is nearly non-existent), would likely exceed $15m+. The current business is winding down its operation, and thus, occupancy should be plausible by +/-March, 2026. All showings are by appointment only and require advanced notice. The listing broker(s) must accompany all showings.
Property Features
0 Beds
0 Baths
0 Sqft
1.18 Acres
Walton County
Additional Photos
Contact Information
John Paul Somers
Somers &Company
850-654-7777
Location
Listing Agent: John Paul Somers (License #: 3210089) 850-654-7777
Broker: Somers &Company 850-654-7777 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Somers &Company 850-654-7777 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$5,995,000
--
Beds
--
Baths
--
Sqft
12244 US-98, Destin, FL 32550
By contacting this agent you agree to these Terms and Conditions.
MLS# 978842
Extraordinary freestanding retail building oriented on a prime
$5,995,000
12244 US-98, Destin, FL 32550
--
Beds
--
Baths
--
Sqft
1.18
Acres
$5,995,000
12244 US-98, Destin, FL 32550
-- Beds
-- Baths
-- Sqft
1.18 Acres
Extraordinary freestanding retail building oriented on a prime corner parcel at a signalized intersection in proximity to the synergistic retail nucleus of Silver Sands Premium Outlets in South Walton County, Florida, and centralized to all the local mixed-use districts, successfully catering to retail patrons from all local peripheral sub-markets, including but not limited to Destin and Scenic 30A of Santa Rosa Beach, Florida. Fronting Highway 98 in Miramar Beach, Florida, +/-50,000 vehicles pass by its 196 fronting feet daily, which convenient ingress and egress lures the traffic into the retail facility through the traffic light at North Geronimo Street and Highway 98 in Miramar Beach, Florida. The current owner has committed significant capital by renovating the building, which even includes escalators to service the second floor of the main showroom. The parcel contains a two-story building, oriented on approximately 1.18 acres, hosting prime retail and showroom space, as well as private offices, collectively measuring approximately 26,893 conditioned square feet. There is a 3rd floor that accommodates a spectacular executive office, accessible via a private *floating* staircase. The structural integrity of the building is phenomenal, and the finishes throughout are exceptional. This opportunity is irreplaceable, as Walton County land development code would neither accommodate this expansive yield, nor would a developer endeavor upon such a project, as the development and building costs indicative of this era, coupled with land costs, (even if such prime vacant commercial land at a traffic light were available, which is nearly non-existent), would likely exceed $15m+. The current business is winding down its operation, and thus, occupancy should be plausible by +/-March, 2026. All showings are by appointment only and require advanced notice. The listing broker(s) must accompany all showings.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
1.18 Acres
FINANCIAL & COMMUNITY
Walton County
Location
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Ad Statistics
Ad Number
6305881
Viewed
381 times
Listing Status
Active
Added
Jun 15, 2025
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
978842
Listing Agent: John Paul Somers (License #: 3210089) 850-654-7777
Broker: Somers &Company 850-654-7777 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Somers &Company 850-654-7777 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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