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$2,300,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
12/04/2024 05:42 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sandollar Condo (Terminated)
MLS Listing ID 964101
HOA Y/N No
Lot Size 0.310 Acres
Acres 0.31
Property Description
MULTI-FAMILY LOT OPPORTUNITY WITH 100 FT GULF OF MEXICO FRONTAGE! A RARE visionary investor's opportunity that offers versatility like no other. THE VALUE IN THIS PROPERTY IS IN THE LAND. This parcel can accommodate a maximum of 12 condos or 4 Townhomes or 2 Homes or just 1 home helming the 100ft Gulf frontage. The property currently has a 12-unit condo complex damaged from Hurricane Sally. Buyer would have to tear down building at buyer's expense as salvaging the building would be a cost-prohibitive endeavor. Reach out for more details regarding already completed due diligence efforts in the form of an engineering report, asbestos report, and recent survey.
Location
State FL
County Santa Rosa
Area 11 - Navarre/Gulf Breeze
Zoning Resid Multi-Family
Rooms
Guest Accommodations Beach,Leasehold,Waterfront
Exterior
Community Features Beach, Leasehold, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf,Gulf/Pass,Shore - Beach,Shore - Natural
View Gulf, Gulf/Pass
Building
Lot Description Coastal Setback, Flood Insurance Req, Within 1/2 Mile to Water
Schools
Elementary Schools Holley-Navarre
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Listed by Berkshire Hathaway HomeServices
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