79.98 AC Multi Use Land

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30668142
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Status: Pending
Gross Land Area: 79.98 Acres
Sale Price: $2,918,528
Unit Price: $36,490 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2021

Overview / Comments

Highly desirable, mixed-use land tract, perfect for multi-use development. The subject property is a 79.98-acre tract under two zoning districts. Approximately, 12 acres fronts Gulf Breeze Pkwy and is zoned PBD (Planned Business District). This portion of the property enjoys maximum exposure on a heavy traffic corridor and is well suited for commercial development. PBD zoning allows for office, commercial, retail, multi-family, churches, and single-family. 30 DU/Per Acre

The remaining 68 acres is zoned R-1 (single-family residential) and allows for a density of up to 4 units per acre. The property has a level, to slightly rolling topography. The location is in an area of increasing home values, and strong continued demand for newly built homes. The property enjoys over 400 FT of frontage on Santa Rosa Sound- noted for its boating, world-class fishing, and breathtaking views.

Upland Area: 49.30
Jurisdictional Wetlands: 30.68

20-2S-27-0000-01201-0000 15.29 AC
20-2S-27-0000-00303-0000 7.00 AC
20-2S-27-0000-00301-0000 6.39 AC
29-2S-27-0000-00200-0000 20.85 AC
29-2S-27-0000-01900-0000 13.71 AC
29-2S-27-0000-00101-0000 12.4 AC
29-2S-27-0000-01800-0000 4.27 Ac

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 20-2S-27-0000-01201-0000
Zoning: PBD R1
Property Located Between: Hwy 98 and Santa Rosa Sound
Property Visibility: Excellent
Legal Description: In File
Largest Nearby Street: HWY 98
Feet of Frontage: 350
Traffic/Vehicle Count: 31,500
Site Description: Large rectangular in shape land tract stretching from HWY 98 all the way to Santa Rosa Sound. The property is level to slightly rolling with 350 ft of Frontage on HWY 98 and 400 FT of Water Frontage
Area Description: The property is located along the busy HWY 98 travel corridor. Commercial developments, retailers, and residential support trades line the highway. Demand for new residential in the area is strong. MSA-Cost Of Living is one of the lowest in the country. National studies, which rate cities for their desirability, commonly rate this MSA near the top due to its low cost of living and high quality of life.
Lot Frontage: 350
Lot Depth: 4367
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. 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 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 to major arterials to central locations in order to reduce safety hazards posed by unlimited or uncontrolled access.
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,688 13,070 27,848
Median Age: 40.94 39.48 39.22
Households: 1,463 5,094 10,664

Contact

Photograph of Listing Agent

DeeDee Davis

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Ken Ellzey

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

John Griffing

NAI Pensacola Gulf Coast CMLS Member
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