Development Land adjacent to Sandestin Resort

Vacant Land for Sale
Catylist Listing ID: 30151760
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 13.60 Acres
Sale Price: $300,000
Unit Price: $22,058 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

Rare Opportunity for Builders/Developers. This parcel located between Bayside Community and Sandestin Community with access from Cove Dr in Sandestin. Listing Northern portion of this parcel ID. separate from the Southern portion. It may be possible to Develop townhomes, condos, or a small private housing development. Incredible location to build your dream estate. 1.4 acres is developable with current zoning residential 7 per acre. Total Parcel is 13.6 acres but 12.2 acres is in conservation easement. The southeast corner of the Northern portion is 1.4 acres total with 0.81 Ac uplands outside the conservation easement and adjacent to Cove Drive. in Sandestin. The property is not in Sandestin resort, but access to see this property is through the resort or Bayside subdivision. A survey will need to be done by buyer to determine the exact acreage

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 28-2S-21-42000-012-0020 
Zoning: RESIDENTIAL PRESERVATION
Property Located Between: Destin and Panama City Beach
Property Visibility: Good
Legal Description: BEG AT SW/C LOT 1, N 1 DEG 14'32"E ALONG W LINE OF LOT 1 831.27 FT, N 82 DEG 34'02"E 200 FT, N 1 DEG 14'20"E 210.88FT TO A PT ON EXISTING CONCRETE RETAINING WALL AT THEAPPRIXOMATE MEAN HIGH WATER LINE OF CHOCTAWHATCHEE BAY, THENCE MEANDER ELY ALONG MHW LINE TO A PT LYING S 81 DEG 56'31"E 544.33 FT FROM THE PRECEDING PT, S 3 DEG 11'50"W 136.82 FT, S 19 DEG 59'45"W 50.04 FT, S 1 DEG 15'00"W 238.90 FT, S 80 DEG 00'00"E 1742.26 FT TO NW/C OF FAIRWAYSOF SANDESTIN PHASE 4 S/D AS RECD IN PLAT BK 6 PG 38, S 1 DEG 16'00"W ALONG WLY LINE OF AFORESAID S/D 1336.29 FT TO N LINE OF A 100 FT GULF POWER R/W, N 88 DEG 37'27"W ALONG SAID LINE 1148.72 FT, S 58 DEG22'10"W 571.83 FT TO S LINE OFN2 OF SE4 OF SEC 28, N 88 DEG 24'00"W ALONG SAID S LINE 589.51 FT TO NELY R/W OF ST RDNO 30 (US 98 BY-PASS), N 57 DEG 36'24"W ALONG SAID R/W LINE 132.55 FT, CONT ALONG R/WLINE S 32 DEG 23'36"W 15 FT, N57 DEG 36'24"W 100 FT, S 32 DEG 23'36"W 10 FT, N 57 DEG 36'24"W 9.78 FT TO W LINE OF N2 OF SE4 OF SEC 28, N 1 DEG 14'32"E 1218.23 FT TO POB CONTAINING 98 AC M OR L LESS & EXCEPT LONG DESC AS RECD IN OR 881-36 BEING PARCEL#2 OF 12.3 ON 93 ROLL ALSO LESS: .1384 AC AS RECD IN OR 805-232 TO PARCEL 16 ON 92 ROLL, ALSO LESS .2326 AC AS RECD IN OR 805-230 TO PARCEL 17 ON 92 ROLL, ALSO LESS LONG DESC AS RECD IN OR 881-34 BEING PARCEL #1 OF 12.3 ON 93 ROLL, ALSO LESS LONG DESC AS RECD IN OR 818-44 BEING VETERINARY HOSP OR 12.4 ON 93 ROLL ALSO LESS PHASE 1 OF BAYSIDE DRIVE S/D RECD IN PB 9-22 ALSO LESS A 75 FT STRIP OF LAND BEING S SHORE DRIVE AS RECD IN OR 846-304 ALSO LESS LONG DESC AS RECD IN OR 1002-198 TO REAL INV EQUITY SERVICE BEING PARCEL 12.5 ON '94 TAX ROLL, ALSO LESS LONG DESC AS RECD IN OR 1008-174 TO FL GENERAL CONST INC BEING PARCEL 12.6 ON '94 TAX ROLL, ALSO LESS LONG DESC AS RECD IN OR 1019- 156 CORR AT OR 1034-65 TO FL FINANCIAL RESOURCES SHOWN AS BLKS A B C D E & FUTURE RD BEING PHASE 2 OF BAYSIDE S/D PB 10-25, ALSO LESS LONG DESC AS RECD IN OR 1048-319 TO VISION DEV BEING TREETOPS AT BAYSIDE PB 10-23, ALSO LESS LONG DESC AS RECD IN OR 1057- 179 TO CENTRUION III BEING PARCEL 12.9 ON '94 ROLL AND FUTURE BONAIR AT BAYSIDE ALSO LESS LONG DESC AS RECD IN OR 1172-272 TO CENTURION III BE- ING PRCL 12.10 ON'95R ALSO LESS LONG DESC AS RECD IN OR 1246-13 TO DESTIN PROPS BEING PRCL 12.11 ON'95R ALSO LESS 11.01 AC KNOWN AS GARDEN HOMES@ BAYSIDE BEING PRCL 12.12 ON '96R ***ALL LAND REMAINING IN ASSESSMENT > UNDER DEED OF CONSERVATION EASEMENT JAN 1992BY CAPITAL STRATIGEMS LTD TO UNITED STATES OF AMERICA*** LESS AND EXCEPT: COM AT SW/C OF LOT 1, GO S 01 DEG 14'32" WALONG THE S EXT OF THE W LINE OF LOT 1 1218.23 FT TO THE PT OF INT W/THW N ROW LINE OF ST RD 30, ALONG ROW LINE GO S 57 DEG 36'24" E 9.78 FT, N 32 DEG23'36" E 10 FT S 57 DEG 36'24"E 100 FT, N 32 DEG 23'36" E 15FT, S 57 DEG 36'24" E 132.55 FT DEPART ROW LINE GO S 88 DEG24'00" E 151.74 FT TO POB CONTS 88 DEG 24'00" E 437.76 FT TOTHE NW ROW LINE OF A 100 FT WIDE ESMT, N 58 DEG 22'08" E ALONG ROW LINE 131.56 FT TO ANEXT MONUMENT AT THE S/C OF PH 1 OF BON VILLAS TOWNHOMES, N 46 DEG 22'28" W 3.10 FT, S 58 DEG 22'08" W 129.86 FT, N 88 DEG 24'00" W 436.88 FT, S 01 DEG 36'00" W 3 FT TO POB. ALSOLESS & EXCEPT: COM AT SW/C OFLOT 1, S 01 DEG 14'32" W ALONGA S EXT OF THE W LINE OF LOT 1855.23 FT TO THE W PT OF LOT 8BLK A PH I OF BAYSIDE, S 40 DEG 17'22" E ALONG THE SW LINEOF LOT 8, ALSO BEING THE POB, CONT ALONG THE S LINE OF BLK ATHE FOLLOWING: N 84 DEG 48' 27" E 133.84 FT, S 88 DEG 45' 28" E 105 FT, S 86 DEG 06'54" E 65.07 FT, S 69 DEG 39'51" E 55.03 FT, S 54 DEG 40'53" E 46.39 FT TO A PT ON THE NE ROWLINE OF S SHORE DR, DEPART S LINE OF BLK A, GO SE ALONG ROWLINE 163.90 FT TO THE PT OF TANGENCY, CONT ALONG ROW LINE S 50 DEG 38'36" W 76.67 FT, DEPART ROW N 49 DEG 09'56" W 248.99 FT TO POB. OR 1985-105
Largest Nearby Street: Cove Drive
Feet of Frontage: 439
Airports: vps, ecp
Site Description: This parcel is primarily conservation easement, but 0.81 Acres appears to be uplands developable for homes sites according to recent feasibility study. Density of 7 Units/Ac. Access will be from Cove Dr in Sandestin resort or Hideaway Bay in Bayside community.
Area Description: Possible home sites for builder/developer adjacent to Sandestin Resort. Located near primary tourist area of Destin and Miramar Beach, FL.
Lot Frontage: 439
Lot Depth: 1245
Zoning Description: Residential Preservation
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,358 7,367 13,813
Median Age: 50.5 48.5 45.79
Households: 1,629 3,455 6,247

Contact

Photograph of Listing Agent

James Springer

Keller Williams Realty Emerald Coast
Gulf Coast CMLS Member
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