931 Miracle Strip Parkway

Vacant Land for Sale
Catylist Listing ID: 30184070
Property Subtypes: Hospitality, Multi-Family, Vacation/Resort
Gross Land Area: 3.18 Acres
Sale Price: $2,750,000
Unit Price: $864,779 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/20/2018

Overview / Comments

Coveted 3.18 acres of prime commercial land on Hwy 98 and the Sound. Rare opportunity to purchase property that has remained in the same family for generations and has been recently cleared with the removal of an old house. Scenic location is flanked by 314' water frontage and 250' of frontage on Hwy 98. The property is currently listed in Okaloosa County (but not within city limits) and can also be annexed into the City of Fort Walton Beach. County zoning is high density residential for up to 81 units and future land development is urban mixed use with the possibility of dividing. Motivated sellers and an ideal location will guarantee numerous inquiries and offers, so contact us immediately for more details.2nd parcel id# Any elevation above two stories will enjoy sweeping gulf view.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 23-2S-24-221A-0000-0830

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,200 42,089 67,641
Median Age: 41.73 39.28 38.76
Households: 2,726 18,205 28,603

Contact

Photograph of Listing Agent

Craig Barrett

NBI Properties, Inc. Gulf Coast CMLS Member
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