Catylist Listing ID: 30663951
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 1.86 Acres
Sale Price: $890,000
Unit Price: $478,494 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/12/2021

Overview / Comments

OPPORTUNITY TO OWN PROPERTY ON HWY. 331 SOUTH! 1.86+/- acres with 330' FRONTAGE FEET on US Hwy 331 South. Zoned Rural Village, Gen Commercial. Many options for this land from townhomes to RV site to business and/or residential. location just minutes from Highway 331 bridge at corner of Rodney Drive and U.S. Highway 331. Current rezoning application for land use change to general commercial in process as the adjacent parcel was approved for rezoning to general commercial in 2019.
Property acreage is based on Walton County Property Appraiser's data. Buyer to independently verify all information.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County, FL
Tax ID/APN: 34-1S-19-23070-00B-0100
Zoning: RURAL VILLAGE - OPPORTUNITY TO REZONE TO GENERAL COMMERCIAL
Property Located Between: Highway 331 bridge and Rodney Drive
Property Visibility: Excellent
Legal Description: Lots 10, 11, 12 and 13 BLK B LAIRDS S/D SOUTH OF CANAL AND C0NCRETE DRAIN EAST OF HWY 331 ,ON S BY RODNEY DRIVE, W BY LOT 15, N OF CENTER OF CANAL, OR 1358-3 LESS:DOT ROW AS DESC IN OR 2784 PG 4054 OR 2828-3538 05 2884-1899
Largest Nearby Street: U.S. HIGHWAY 331
Feet of Frontage: 330
Highway Access: See drone photos for detail
Area Description: Based on US Census data for 2017, Walton County was the fastest growing county in Florida and sixth fastest growing county in the nation . Walton County with an estimated population of 65,301 in 2017, is projected to grow by upwards of 47% by the year 2045, to as much 138,500 residents
Lot Frontage: 330 FRONTAGE FEET ON U.S. HIGHWAY 331
Lot Depth: 185'
Zoning Description: Current zoning is rural village, which is a primarily residential zoning category with a current future land use of rural residential. Application in process to rezone to general commercial. The adjacent parcel was approved for rezoning in 2019 for a land use change of rural village to General Commercial.
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,547 4,171
Median Age: 41.93 40.52
Households: 1,080 1,741

Contact

Photograph of Listing Agent

Deborah Channell

World Impact Real Estate Gulf Coast CMLS Member
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