Commercial & Residential development opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30859776 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Retail, Vacation/Resort
|
| Gross Land Area: |
0.67 Acres
|
| Sale Price: |
$3,650,000 |
| Unit Price: |
$5,447,761 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/18/2024 |
Overview / Comments
|
Premier development opportunity in the Eastern boundary of old Seagrove Beach. The property lies in a special zoning district which allows for either Vlllage mixed use of a combinations of Commercial & Retail as well as Multi units above.. Or the other option to build 5 to 6 single family homes for rental investments. This is the only available property in the immediate availability for development.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Walton |
| Tax ID/APN: |
243S19251200000100 |
| Zoning: |
VILLAGE MIXED USE AND RESIDENTIAL |
| Property Located Between: |
Just a block north of Hwy 30A |
| Largest Nearby Street: |
30A |
| Area Description: |
The property is surround by new homes and Condominiums all being operated as vacation rentals. |
| Lot Frontage: |
90 |
| Lot Depth: |
300 |
| Zoning Description: |
Village mixed use and Residential |
| Topography: |
Level |
| Soil Type: |
Gravel |
| Available Utilities: |
Electric, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,989 |
4,227 |
| Median Age: |
49.85 |
47.13 |
| Households: |
948 |
1,957 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|
