100 ft. on Gulf on Perdido Key, FL 32507
Vacant Land
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30872109 |
Property Subtypes: |
Multi-Family, Residential (Single Family), Vacation/Resort
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Status: |
Pending/Contingent |
Gross Land Area: |
0.91 Acres
|
Sale Price: |
$2,950,000 |
Unit Price: |
$3,241,758 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/5/2024 |
Overview / Comments
INVESTOR ALERT! This 100 feet on the Gulf of Mexico offers a rare opportunity to take advantage of its HIGH DENSITY ZONING TO DESIGN/BUILD UP TO 12 DIRECT GULF FRONT LUXURY RESIDENCES in an area of extreme low density. With almost no new properties currently being offered on Perdido Key, the demand potential goes without say. Built in 2008, the existing beach cottage is picture perfect and in excellent condition, able to act as a Sales & Development Center if desired, or simply enjoy as a low maintenance, high value "Retreat" for the family. With a very limited number of properly zoned properties and even fewer permits being allocated, such opportunities are fast disappearing on Perdido Key. Even as a stand-alone property, the Gulf-front residence will provide excellent quality time for your family on an uncrowded Gulf beach and continue to grow in value over time!
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Additional Details
Nearest MSA: |
Pensacola-Ferry Pass-Brent |
County: |
Escambia |
Tax ID/APN: |
143S321001000054 |
Property Visibility: |
Excellent |
Legal Description: |
LT 54 OR 459 P 635 OR 4462 P 1540 GULF BEACH S/D PB 4 P 52 SEC 14/26/27/34/35 T 3S R 32 W |
Feet of Frontage: |
100 |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
3,366 |
8,840 |
Median Age: |
45.94 |
43.98 |
Households: |
1,519 |
3,685 |
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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.
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