PRICE REDUCED -Waterfront Development Opportunity, Navarre Beach

Vacant Land for Sale
Also listed as Special Purpose, Hospitality
Catylist Listing ID: 30384478
Property Subtypes: Multi-Family, Vacation/Resort
Gross Land Area: 1.80 Acres
Sale Price: $2,299,000
Unit Price: $1,277,222 Per Acre
Sale Terms: Cash to Seller
Last Updated: 7/14/2020

Overview / Comments

SVN SouthLand Commercial is proud to offer this waterfront development site for sale! Great location for a high end condominium, townhome, or multifamily development along the white sands of Navarre Beach on the Santa Rosa Sound. Includes plans for a 12 Floor Condominium Development; 54 Units, covered parking, pools, private beaches, multiple slip marina, and many other amenities.

- 320 Ft of Water Frontage
- Zoned HD
- Includes Development Plans
- 54 Unit High Rise
- 1.8 Acres
- Current Strong Demand for Condominiums in Navarre Beach

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 282S260000019000000 and 282S260000025000000
Property Located Between: Gulf Blvd & Tina Drive
Legal Description: In file.
Largest Nearby Street: Gulf Blvd and Highway 98
Feet of Frontage: 320
Highway Access: Convenient access to Highway 98.
Airports: Pensacola International Airport
Site Description: This 1.8 acre site is located at the end of Tina Drive, a cul-de-sac that extends north from Gulf Blvd. on Navarre Beach. The site includes 320 feet of water frontage along the Santa Rosa Sound and is zoned HD, High Density. The side has a Development Order In Place for a 54 Unit High Rise Condominium Development. The timing is great for new development and there is Strong Demand for Condominiums in Navarre Beach!
Area Description: The this beautiful property is located on Navarre Beach, which is located on the central portion of Santa Rosa Island. This barrier island is one of the longest in the country with Pensacola Beach on its western side and Destin Pass on its eastern side. This is a narrow barrier island with Santa Rosa Sound found on the northern boundary and the Gulf of Mexico on the southern boundary. From Pensacola take Hwy 98 east, take the Navarre Beach Causeway to Gulf Beach Drive (stop sign) then go right (West) approx 1/2 mile to Tina Drive. Turn right to end of Cul-De-Sac.
Lot Frontage: 320 Feet
Zoning Description: Navarre Beach - High Density (NB-HD), which allows a maximum density of 30 units per acre. Please refer to attached Land Development Code for additional zoning information.
Development Name: Navarre Condo Development For Sale
Topography: Gently Sloping
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,455 28,525
Median Age: 35.07 36.09
Households: 5,808 10,726
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