17.17 ACRE HWY 98 Gulf Breeze

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30667159
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Status: Pending
Gross Land Area: 17.17 Acres
Sale Price: $1,374,000
Unit Price: $80,023 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2021

Overview / Comments

17.17 AC Land tract for sale in rapidly developing corridor. The property enjoys maximum exposure on HWY 98 and is in a determined path of continued growth.
The property is surrounded by retail Support Industry, single-family housing, and several planned Multi-Family developments

Highlights:
392 Ft Frontage on U.S. HWY 98/Gulf Breeze Pkwy.
32,500 CPD 2019
Median Cut and Turn Lane are In Place
Assemblage Opportunity with adjoining 66 Acres For Sale

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 20-2S-27-0000-01200-0000
Zoning: PBD
Property Located Between: Highway 98 and East Bay Boulevard
Property Visibility: Excellent
Largest Nearby Street: Highway 98
Feet of Frontage: 392
Traffic/Vehicle Count: 32,500
Highway Access: Immediate
Site Description: Most of the property is High and Dry with approximately 1.74 acres of wetlands to the very rear of the property.
Area Description: Located on a heavy travel corridor. The property is surrounded by rooftops and professional businesses. There is sustained, continued growth in this area all the way to Navarre, FL.which is seeing explosive growth.
Lot Frontage: 392
Lot Depth: 2000
Zoning Description: PBD - The uses permitted within this district shall include the following: a.residential units, including single-family attached and detached dwellings, two-family dwellings, and multiple-family dwellings. b. Churches, schools, community or club buildings, and similar public and semi-public facilities. c. Non-residential uses, including commercial or retail uses; offices, clinics, and professional uses. The purpose of Planned Business developments along major arterials and to encourage the development of this land with highway frontage as planned communities, and business and commercial centers; encourage flexible and creative concepts of site planning; preserve the natural amenities of the land by encouraging functional open areas; accomplish a more desirable environment that would not be possible through the strict application of the minimum requirements of these regulations; provide for an efficient use of land resulting in smaller networks of streets and utilities where access to regional systems is impractical and thereby lowering development and housing costs; and providing a stable environmental character compatible with surrounding areas; limit access on to major arterials to central locations in order to reduce safety hazards posed by unlimited or uncontrolled access”. – Santa Rosa County Land Development Code
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,401 27,848
Median Age: 38.93 39.22
Households: 4,776 10,664

Contact

Photograph of Listing Agent

DeeDee Davis

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

John Griffing

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Ken Ellzey

NAI Pensacola Gulf Coast CMLS Member
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