Property Type:
Land
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$2,300,000
List Date:
12/04/2024
Last Modified:
4/17/2025
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 asbestos report and recent survey
Listing Office: Christies International Real Estate Emerald Coast
Last Updated: April - 17 - 2025
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.
