13123 Emerald Coast PkwyRosemary Beach, FL 32461

  • Mixed-use properties
  • 20,334 SF
For Lease

Property Details for 13123 Emerald Coast Pkwy

Year built
2015
Construction
STEEL FRAME
Lot size
1.55 AC
Property size (Sq ft)
20,334 SF
Zone code
HWY 98
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
36-3S-18-16100-000-0710
APU
363S18161000000710

Description

This exceptional retail opportunity presents two available spaces, each approximately 1,900 square feet, within the Crossings at Inlet Beach shopping center. Located at 13123 E Emerald Coast Pkwy in Rosemary Beach, Florida (zip code 32461), this two-building, single-story complex boasts a total of 25,459 square feet across nine suites. Built in 2016, the property sits on a 3.69-acre lot and offers ample parking (4 spaces per 1,000 sq ft). The center enjoys a highly visible location on US Highway 98, providing excellent access to Scenic Highway 30A and the renowned Beaches of South Walton. This area experiences high traffic counts (30,000 average daily) and is surrounded by a high-income demographic within one of the fastest-growing counties in the US. The property's efficient design and convenient location make it ideal for a variety of retail, professional, or medical services. Currently, the center features a mix of home decor, design stores, and national brand service companies. Competitive lease terms are available. This is a unique chance to establish a presence in South Walton's upscale shopping district, benefiting from the area's rapid population growth and strong tourism.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,510,332
    6.5%
    $3,240,307
    7%
    $3,008,856
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,240,593
    Geo Method
    $2,240,593
  • Alternative Use

    Use
    Valuation
    Residential
    $3,240,307
    Hospitality
    $2,968,104
    Educational
    $2,469,428
    Medical
    $2,554,355
    Retail
    $3,841,332
13123 Emerald Coast Pkwy, Rosemary Beach, Florida

Location Insight

City
Inlet Beach
County
Walton
State
Florida
Latitude
30.2781
Longitude
-86.0062
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,960
$1,347,780
$3,639,300
$4,987,080
-
$1,347,780
$3,639,300
$4,987,080

FAQs

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