# 12244 US-98, Destin, FL 32550 > **TL;DR:** commercial, $5,995,000. Est. $32,063/mo. Listed 502 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $5,995,000 | | Lot Size | 51,401 sqft (1.18 acres) | | Property Type | Commercial (Other) | | Status | Pending | | Days on Market | 502 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $30,314 | | Estimated Insurance | $1,749 | | **Total** | **$32,063** | ## Property Highlights - 1.18 acre lot ## Description ### Agent Description 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 +/-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+. All showings are by appointment only and require advanced notice. The listing broker(s) must accompany all showings. ## Location - **Address:** 12244 US-98, Destin, FL 32550 - **County:** Walton - **Coordinates:** 30.383625, -86.360238 - **Google Maps:** https://www.google.com/maps?q=30.383625,-86.360238 ## Listing Agent - **Name:** John Paul Somers · **License:** 3210089 - **Brokerage:** Somers &Company - **Broker Phone:** (850) 654-7777 ## Photos ![12244 US-98 - Photo 1](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3267076161r.jpg) ![12244 US-98 - Photo 2](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1628860700r.jpg) ![12244 US-98 - Photo 3](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f794673685r.jpg) ![12244 US-98 - Photo 4](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3051524517r.jpg) ![12244 US-98 - Photo 5](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1021104639r.jpg) ![12244 US-98 - Photo 6](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3084927187r.jpg) ![12244 US-98 - Photo 7](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f4223903451r.jpg) ![12244 US-98 - Photo 8](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1905822009r.jpg) ![12244 US-98 - Photo 9](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f4130854861r.jpg) ![12244 US-98 - Photo 10](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3006052656r.jpg) ![12244 US-98 - Photo 11](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2057703053r.jpg) ![12244 US-98 - Photo 12](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2348865390r.jpg) ![12244 US-98 - Photo 13](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3935594408r.jpg) ![12244 US-98 - Photo 14](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2956221321r.jpg) ![12244 US-98 - Photo 15](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f782708648r.jpg) ![12244 US-98 - Photo 16](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3196881377r.jpg) ![12244 US-98 - Photo 17](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3229840620r.jpg) ![12244 US-98 - Photo 18](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2413938891r.jpg) ![12244 US-98 - Photo 19](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1267494784r.jpg) ![12244 US-98 - Photo 20](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f416574696r.jpg) ![12244 US-98 - Photo 21](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3193999319r.jpg) ![12244 US-98 - Photo 22](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3678687436r.jpg) ![12244 US-98 - Photo 23](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1955877842r.jpg) ![12244 US-98 - Photo 24](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3874105949r.jpg) ![12244 US-98 - Photo 25](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2774642526r.jpg) ![12244 US-98 - Photo 26](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f393937195r.jpg) ![12244 US-98 - Photo 27](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1471390709r.jpg) ![12244 US-98 - Photo 28](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3090389194r.jpg) ![12244 US-98 - Photo 29](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1369629045r.jpg) ![12244 US-98 - Photo 30](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f118645470r.jpg) ![12244 US-98 - Photo 31](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2056264116r.jpg) ![12244 US-98 - Photo 32](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3995589336r.jpg) ![12244 US-98 - Photo 33](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f409075737r.jpg) ![12244 US-98 - Photo 34](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f4016360531r.jpg) ![12244 US-98 - Photo 35](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f4140373345r.jpg) ![12244 US-98 - Photo 36](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3811366524r.jpg) ![12244 US-98 - Photo 37](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f3600818660r.jpg) ![12244 US-98 - Photo 38](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f4199310856r.jpg) ![12244 US-98 - Photo 39](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f448083144r.jpg) ![12244 US-98 - Photo 40](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f1386601420r.jpg) ![12244 US-98 - Photo 41](http://lh.rdcpix.com/8af7d8c88867af00855e1249bd18fccal-f2745513883r.jpg) --- **MLS#:** 978842 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/12244-us-98-destin-fl-32550-f697eb6e7f524f06baca583eb547347c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/12244-us-98-destin-fl-32550-f697eb6e7f524f06baca583eb547347c#listing", "url": "https://www.propertysimple.ai/listing/12244-us-98-destin-fl-32550-f697eb6e7f524f06baca583eb547347c", "name": "12244 US-98, Destin, FL 32550", "description": "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 +/-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+. All showings are by appointment only and require advanced notice. 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