Vacant Land for Sale
Catylist Listing ID: 29610366
Property Subtypes: Retail, Other
Gross Land Area: 5.13 Acres
Sale Price: $3,000,000
Unit Price: $584,795 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

Over 5 acres in the heart of the Navarre commercial district with a rear entrance as well as Hwy 98 access. This is one of the few large commercial properties that is not oddly shaped.

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 21-2S-26-0780-0BB04-0000
Market Type: Medium
Property Located Between: Corner of HWY 98 and Elks Way
Side of Street: North
Road Type: Highway
Property Visibility: Excellent
Legal Description: CRESCENT SHORES PORT LOT BB DES AS: COM NW SEC COR TH S 89*E ALONG N SEC LI 435.01 FT TO NE COR LOT CC TH S ALG E LTLI 754.06 FT TO POB TH CONT S ALG E LT LI 600 FT TO N R/W HWY 98 TH S 58*55'37"W ALG N R/W 372.88 FT TH N 0*51'43"E 600 FT TH N 58*55'37"E 372.88 FT TO POB AS DES IN OR 3304 PG 1523 (PARCEL 3)
Largest Nearby Street: HWY 98
Feet of Frontage: 367
Highway Access: HWY 98
Site Description: 5.137 acres on Hwy 98 Great property close to Navarre Beach and the Hwy 87 intersection, on busy Hwy 98. Property is comprised of mostly sand, scrub oaks and palmetto bushes
Area Description: 5.137 acres in very visible area with high traffic count. Approximate dimensions: 367 ft. on Hwy 98, 604 ft. deep on east side, 373 ft. wide on north side, 606 ft. deep on west side Approx. 25 ft. permanent easement on northwest corner from Elks Way to property
Lot Frontage: 367
Lot Depth: 604
Zoning Description: HCD HWY COMM DEV DIST
Topography: Level
Easements: Ingress/Egress
Easements Description: 25 ft. permanent easement on northwest corner from Elks Way to property
Soil Type: Sandy

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,398 15,727 28,525
Median Age: 33.09 35.77 36.09
Households: 1,595 5,957 10,726


Photograph of Listing Agent

Sherlyn Waghalter

Berkshire Hathaway Home Services
Gulf Coast CMLS Member
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