Description
One of the very last, large, undeveloped tracts of land on Hwy 98 in the heart of Destin. This relatively level & cleared 10.25 +/- acreage is located on the North side of Hwy. 98 adjacent to the Big Kahuna Water Park on the East side. The Gulf of Mexico is to the South, around amusement parks, entertainment, shopping. restaurants, fishing, and gulf front residential. The parcel is zoned Town Center Mixed Use, Commercial. Perfect for one large or multiple hotels, apartments (with 20% commercial non residential square footage), mixed use, retail, health care development and much more. Seller requires a short due diligence period. Initial EMD $250,000. Proof of funds or pre approval letter required with contract.Buyer to confirm all information.
Legal Description
COM SE COR LOT 6 BLK J 2ND EAST PASS ADD THC SELY ALG N R/W 2356 FT TO POB N13 DEG E1278 FT S76 DEG E350 FT S13 DEG W1278 FT TO N R/W NWLY ALG R/W 350 FT TO POB LESS COM INT OF C/L PALMS STREET & N R/W US 98 S76 DEG E ALG R/W 617.37FT N13 DEG E 22.1FT TO POB CON N13 DEG E 40FT N76 DEG W 18.32FT S13 DEG E 18.32FT TO POB
Features of 1001 Us-98
MLS® # | 902681 |
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Price | $12,000,000 |
Square Footage | 446,490 |
Acres | 10.25 |
Type | Residential Land |
Sub-Type | Residential Land |
Status | Active |
Community Information
Address | 1001 Us-98 |
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Area | Destin |
Subdivision | DEW 98 |
City | DESTIN |
County | OKALOOSA |
State | FL |
Zip Code | 32541 |
Amenities
Utilities | Electric Available, Gas Available, Phone Available, Public Water Available, Sewer Available, TV Cable Available |
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Features | Survey Available, Within 1/2 Mile Of Water, Curb & Gutter |
Is Waterfront | No |
Exterior
Lot Description | Survey Available, Within 1/2 Mile Of Water, Curb & Gutter |
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School Information
Elementary | DESTIN |
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Middle | DESTIN |
High | Destin |
Additional Information
Zoning | Commercial |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | RE/MAX By the Sea |
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Price History for MLS #902681
Date | Details | Change |
---|---|---|
Price Reduced from $14,350,000 to $12,000,000 | ||
Price Increased from $14,250,000 to $14,350,000 | ||
Price Reduced from $14,500,000 to $14,250,000 | ||
Price Reduced from $15,250,000 to $14,500,000 | ||
Price Reduced from $17,500,000 to $15,250,000 |