100 ft. on Gulf on Perdido Key, FL 32507

Vacant Land for Sale
Catylist Listing ID: 30872109
Property Subtypes: Multi-Family, Residential (Single Family), Vacation/Resort
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: 5/31/2024

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!

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,366 8,840
Median Age: 45.94 43.98
Households: 1,519 3,685

Contact

Photograph of Listing Agent

Jane Breland

RE/MAX GULF PROPERTIES Gulf Coast CMLS Member
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