215 Miracle Strip PkwyFort Walton Beach, FL 32548

Property Details for 215 Miracle Strip Pkwy

Year built

1945

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 AC

Property size (Sq ft)

4,767 SF

Property type

Turn key restaurants

APN

24-2S-24-0300-000A-0040

APU

242S240300000A0040

Description

This exceptional 4,800 square foot retail building, located at 215 Miracle Strip Pkwy SE in Fort Walton Beach, Florida (zip code 32548), presents a lucrative investment opportunity. Situated in the heart of historic downtown, just before the Brooks Bridge leading to Okaloosa Island, this property boasts unparalleled visibility and accessibility. Completely renovated in 2002, the building currently operates as a restaurant and benefits from its adjacency to a city parking lot, ensuring ample parking for patrons. The high traffic count in this area guarantees significant foot traffic and potential customer base. The property features a newly signed five-year triple net lease with a long-standing restaurant tenant, boasting over 15 years of successful operation. This provides immediate and consistent income generation for the investor. This makes it an ideal investment for those seeking a stable, high-return property in a prime location. The asking price for this exceptional property is $1,450,000. The property is located in Okaloosa County and offers a fantastic opportunity for continued success in the thriving Fort Walton Beach market. This turnkey operation requires minimal effort to maintain its current high level of profitability.

Location Insight

City

Fort Walton Beach

County

Okaloosa

State

Florida

Latitude

30.4039

Longitude

-86.6045

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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