7885 Gulf Boulevard, Navarre, FL 32566 (MLS# 947274)

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7885 Gulf Boulevard, Navarre, FL 32566

$2,450,000

Property Type: Land Lot Size (sq. ft.): 13,504 Status: Active

Current Price: $2,450,000 List Date: 4/14/2024 Last Modified: 4/29/2024

Description

MULTI-FAMILY LOT OPPORTUNITY WITH 90 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 90ft 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.

More Information MLS# 947274

None

Current Price: $2,450,000

Status Change Info

Status: Active

Contract Info

List Date: 2024-04-13 List Price: $2,450,000 Listing Board: Emerald Coast List Price/Acre: 7903225.81

Location, Tax and Legal

Street #: 7885 Street Name: Gulf Street Suffix: Boulevard Area: 11 - Navarre/Gulf Breeze State: FL Zip Code: 32566 County: Santa Rosa Sub Area: 1101 - Navarre Beach Project Name/Subdivision: SANDOLLAR CONDO (TERMINATED) Parcel ID: 28-2S-26-9280-00000-0000 Elementary School: Holley-Navarre Middle School: Holley-Navarre High School: Navarre Legal Description: SANDOLLAR CONDOMINIUM (TERMINATED)

General Property Info

Sub-Type: Vacant Land Mineral Rights: No Acreage: 0.31

Listing Info, Tax & Legal

Assessment Fees: No Is Subject Leased: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: MULTI-FAMILY LOT OPPORTUNITY WITH 90 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 90ft 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.

Office/Member Info

Single Agent Comp: 2 Single Agent Comp Type: % Trans Broker Comp: 2 Trans Broker Comp Type: % Non-Rep Comp Type: %

Waterfront

Waterfront Feet: 90

Property Features

Sale Type: Assignment Lot Access: City Road; Paved Road Lot Features: Coastal Setback; Flood Insurance Req; Within 1/2 Mile to Water Zoning: Resid Multi-Family Waterfront: Gulf; Gulf/Pass; Shore - Beach; Shore - Natural Waterview: Gulf; Gulf/Pass Project Facilities: Beach; Leasehold; Waterfront Utilities: Electric; Public Sewer; Public Water; TV Cable

Listing Office: Berkshire Hathaway HomeServices

Last Updated: April - 29 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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