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
MLS® # | 947274 |
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Price | $2,450,000 |
Square Footage | 13,504 |
Acres | 0.31 |
Type | Residential Land |
Sub-Type | Residential Land |
Status | Active |
Community Information
Address | 7885 Gulf Blvd |
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Area | Navarre/Gulf Breeze |
Subdivision | SANDOLLAR CONDO (TERMINATED) |
City | NAVARRE |
County | SANTA ROSA |
State | FL |
Zip Code | 32566 |
Amenities
Amenities | Beach, Leasehold, Waterfront |
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Utilities | Electric Available, Public Sewer Available, TV Cable Available, Public Water Available |
Features | Within 1/2 Mile Of Water, Coastal Setback, Flood Insurance Required |
Is Waterfront | Yes |
Waterfront | GULF, Gulf/Pass, Shore: Beach, Shore: Natural |
Water View | GULF, Gulf/Pass |
Exterior
Lot Description | Within 1/2 Mile Of Water, Coastal Setback, Flood Insurance Required |
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School Information
Elementary | HOLLEY-NAVARRE |
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Middle | HOLLEY-NAVARRE |
High | NAVARRE |
Additional Information
Zoning | Residential Multi-Family |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | Berkshire Hathaway HomeServices |
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