00 SRB

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30746372
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Residential (Single Family), Retail, Self Storage, Vacation/Resort, Other
Status: Pending/Contingent
Gross Land Area: 12.60 Acres
Sale Price: $6,495,000
Unit Price: $515,476 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/19/2022

Overview / Comments

Fantastic development assemblage of four parcels in the booming Santa Rosa Beach area. Located along Hwy 98 E with 750 feet of frontage and 780 feet deep.. Just minutes from the sugar-white beaches of 30A, it is centrally located between Destin to the west and Panama City Beach to the east. with world-class shopping, fishing, recreation, dining and entertainment nearby in all directions. Zoned VMU which allows for a mixture of commercial and residential uses.

Attachments & Media

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 33-2S-20-33260-002-0004
Zoning: VILLAGE MIXED USE
Property Located Between: Cty Rd 393 and west 30A
Property Visibility: Excellent
Legal Description: W2 OF LOTS 2 & 3 LESS E ONE ACRE OF W 5 ACRES IN LOT 2 OR 851-81 OR 2258-441 OR 2260-18 OR 2388-573 OR2620-1552
Largest Nearby Street: Hwy 98 E
Feet of Frontage: 750
Traffic/Vehicle Count: 37,000
Highway Access: Direct access to Hyw 98
Airports: Destin Private Airport, Destin FWB, and Panama City
Site Description: Level rectangular assemblage with parcels with an existing wetland pond in southern portion of main parcel.
Area Description: The #1 drive to destination from the SE, the Emerald Coast of Florida is a playground like no other. South Walton County is located in the Florida Panhandle​ halfway between Pensacola to the west and Panama City to the east. Walton County has over 4 million visitors ​supporting a growing economy. There is almost $5b in estimated sales in the area. Walton County School Board, Lockheed​, ​Walton County Government, Sandestin Golf Resort, Reliance Test & Technology, Okaloosa County School District​, ​Okaloosa Board of County Commissioners, North Okaloosa Medical Center, Fort Walton Beach Medical Center​ ​and L3 Aerospace​ are major employers in the area​. Walton County is located in the Florida Panhandle halfway between Pensacola to the west and Panama City to the east. Walton County has over 4 million visitors supporting a growing economy. There is almost $5b in estimated sales in the area. Walton County School Board, Lockheed, Walton County Government, Sandestin Golf Resort, Reliance Test & Technology, Okaloosa County School District, Okaloosa Board of County Commissioners, North Okaloosa Medical Center, Fort Walton Beach Medical Center and L3 Aerospace are major employers in the area.
Lot Frontage: 750'
Lot Depth: 780'
Zoning Description: Village Mixed Use with commercial and residential development permitted.
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,858 11,811
Median Age: 39.16 41.81
Households: 2,821 5,044

Contact

Photograph of Listing Agent

Jim Ball

Century 21 Blue Marlin Pelican
Gulf Coast CMLS Member
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