Commercial & Residential development opportunity

Vacant Land for Sale
Catylist Listing ID: 30859776
Property Subtypes: Multi-Family, Residential (Single Family), Retail, Vacation/Resort
Gross Land Area: 0.67 Acres
Sale Price: $3,650,000
Unit Price: $5,447,761 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2024

Overview / Comments

Premier development opportunity in the Eastern boundary of old Seagrove Beach. The property lies in a special zoning district which allows for either Vlllage mixed use of a combinations of Commercial & Retail as well as Multi units above.. Or the other option to build 5 to 6 single family homes for rental investments. This is the only available property in the immediate availability for development.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 243S19251200000100
Property Located Between: Just a block north of Hwy 30A
Largest Nearby Street: 30A
Area Description: The property is surround by new homes and Condominiums all being operated as vacation rentals.
Lot Frontage: 90
Lot Depth: 300
Zoning Description: Village mixed use and Residential
Topography: Level
Soil Type: Gravel
Available Utilities: Electric, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,989 4,227
Median Age: 49.85 47.13
Households: 948 1,957


Photograph of Listing Agent

Andy Gonsalves

Counts Real Estate Group Gulf Coast CMLS Member
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