Catylist ID:
#30869966
| Catylist Listing ID: | 30869966 |
| Property Subtypes: | Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other |
| Gross Land Area: | 3.18 Acres |
| Sale Price: | $1,800,000 |
| Unit Price: | $566,037 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/29/2024 |
Overview / Comments
|
Welcome to an unparalleled investment opportunity in the heart of Navarre, Florida - where coastal charm meets business potential. Situated in the up and coming beach town of Navarre, this prime commercial lot boasts 3.18 acres with 200 feet of frontage along the prominent Highway 87, offering exceptional visibility and accessibility to the steady flow of tourists and locals alike. Conveniently located just half a mile from the pristine shores of Navarre Beach and less than 20 miles from the vital artery of I-10, this strategically positioned property presents an ideal location for a wide array of ventures. Whether you're envisioning a boutique retail space, a vibrant restaurant, or a dynamic recreational facility, the possibilities are as boundless as the horizon stretching out before you. Access to the property is seamless via Laredo Street, ensuring ease of ingress and egress for patrons and suppliers alike. Zoned for Highway Commercial Development, this parcel offers a rare opportunity to capitalize on Navarre's exceptional growth. Furthermore, meticulous planning and preparation have already been undertaken, streamlining the path to realization of your vision. With site plans approved for an RV lot, and comprehensive groundwork completed including rezoning, surveys, soil testing, wetlands delineation, and lot clearing, the groundwork has been laid for swift and seamless development. Additionally, two retention ponds have been thoughtfully incorporated, and build-up for a Clubhouse has been initiated, adding further value and functionality to the site. Whether you're an investor seeking to capitalize on Navarre's exponential growth, or an entrepreneur with a bold vision for the future, seize this rare opportunity to make your mark in one of Florida's most coveted coastal communities. Embrace the boundless potential of this extraordinary commercial lot and stake your claim in Navarre's vibrant future. |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Santa Rosa |
| Taxing Authority: | Santa Rosa County |
| Tax ID/APN: | 17-2S-26-0000-00106-0000 |
| Zoning: | HCD |
| Property Located Between: | I-10 and US Hwy 98 |
| Property Visibility: | Excellent |
| Legal Description: | Desc In More Detail For 2018 Beg At I/S S Line Sec & E R/W Of State Rd 87 Th N Along R/W 200 Ft Thn Right 82 01'48" 508.59 Ft To Drng Esmnt Then Right 90 Alng Esmnt 198.07 Ft Th Right 90 Alg S Sec Li 536.32 Ft To Pob Less That Portion Conveyed To The Dot In Or 1952 Pg 710 All As Des In Or 3757 Pg 910 Less All Mineral Rights and Navarre 1st Add Lots 42 & 43 Blk 8 As Des In Or 3935 Pg 901 |
| Largest Nearby Street: | FL - Hwy 87 |
| Feet of Frontage: | 200 |
| Lot Frontage: | 200' |
| Lot Depth: | 490' |
| Zoning Description: | Highway Commercial Development |
| Part of Planned Development?: | Yes |
| Development Name: | 87 Oasis RV Park |
| Easements: | Ingress/Egress |
| Easements Description: | on Laredo St. |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,484 | 21,773 | 28,525 |
| Median Age: | 35.56 | 35.56 | 36.09 |
| Households: | 544 | 8,235 | 10,726 |
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