7885 Gulf Blvd 1-12, NAVARRE, FL

$2,450,000

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18

Beds

18

Baths

7,380

Square feet

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.

Legal Description

SANDOLLAR CONDOMINIUM (TERMINATED)

Features of 7885 Gulf Blvd 1-12

MLS® # 947273
Price $2,450,000
Bedrooms 18
Bathrooms 18.00
Full Baths 18
Square Footage 7,380
Acres 0.00
Year Built 1985
Type Condominiums
Sub-Type Condominiums
Style N/A
Status Active

Community Information

Address 7885 Gulf Blvd 1-12
Area Navarre/Gulf Breeze
Subdivision SANDOLLAR CONDO (TERMINATED)
City NAVARRE
County SANTA ROSA
State FL
Zip Code 32566

Amenities

Amenities Beach, Elevators, Leasehold, Waterfront
Utilities Electric Available, Public Sewer Available, Public Water Available, TV Cable Available
Is Waterfront Yes
Waterfront GULF, Gulf/Pass, Shore: Beach, Shore: Natural
Water View GULF, Gulf/Pass
Has Pool No
Pool Community, Private

Interior

Interior Features Needs Work
Fireplace No
Has Basement No

Exterior

Exterior Foundation On Pilings
Exterior Features Needs Work
Roof Foundation On Pilings
Foundation Foundation On Pilings

School Information

Elementary HOLLEY-NAVARRE
Middle HOLLEY-NAVARRE
High NAVARRE

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeBerkshire Hathaway HomeServices

For more information call

(850) 325-0004

Listing Map

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