26 Acre Developer Opportunity - Hwy 98 Across from Publix

Vacant Land for Sale
Catylist Listing ID: 30180744
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 26 Acres
Sale Price: $2,849,000
Unit Price: $109,576 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/14/2018

Overview / Comments

26.9 Acre Developer Opportunity across the street from the new Publix Supermarket on Highway 98 in Santa Rosa Beach, Florida. These parcels are conveniently located between Panama City Beach and Destin while being able to serve the 30A market. This sale includes three adjacent parcels which make up the total 26.9 acres. This site offers 2,660+/- front feet along Hwy 98. There is a median cut on the most western parcel, along with another median cut on the easternmost parcel with a deceleration lane in the middle of the site. Previous work on the site indicates there is a conservation easement which grants the new owner the right to fill 7.5+/- acres of wetlands. Buyer to verify and satisfy themselves with due diligence material. Land plans available upon request.

Across the street from the new Publix Supermarket on Highway 98 in Santa Rosa Beach, Florida. Approximately 2+/- miles west of US 331 and 4+/- acres east of Wal-Mart. This parcel is located on the south side of Hwy 98.

Prime Developer Opportunity
Great Visibility along Hwy 98
Commercial, Retail, Recreational, Multi-Family, Residential
Across from New Publix Supermarket
Minutes from Scenic 30A

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 362S20332900000620, 362S20332900000350, 362S20332900000610
Zoning: COMMERCIAL, RESIDENTIAL, NON-AG
Property Visibility: Excellent
Feet of Frontage: 2,660

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,640 8,579
Median Age: 44.43 40.32
Households: 1,200 3,620

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