7885 Gulf Blvd 1-12, NAVARRE

$2,450,000

18 Beds
18 Baths
7,380 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #947273
Price$2,450,000
Bedrooms18
Bathrooms18.00
Full Baths18
Square Footage7,380
Acres0.00
Year Built1985
TypeResidential
Sub-TypeCondominiums
StyleN/A
StatusActive
WaterviewGULF, Gulf/Pass
Last Taxes0.00
Waterfront

GULF, Gulf/Pass, Shore: Beach, Shore: Natural

Community Information
Address7885 Gulf Blvd 1-12
AreaNavarre/Gulf Breeze
SubdivisionSANDOLLAR CONDO (TERMINATED)
CityNAVARRE
CountySANTA ROSA
StateFL
Zip Code32566
Amenities
Is WaterfrontYes
PoolCommunity, Private
Amenities

Beach, Elevators, Leasehold, Waterfront

Utilities

Electric Available, Public Sewer Available, Public Water Available, TV Cable Available

Waterfront

GULF, Gulf/Pass, Shore: Beach, Shore: Natural

Interior
Interior FeaturesNeeds Work
Exterior
ExteriorFoundation On Pilings
Exterior FeaturesNeeds Work
RoofFoundation On Pilings
FoundationFoundation On Pilings
School Information
ElementaryHOLLEY-NAVARRE
MiddleHOLLEY-NAVARRE
HighNAVARRE
Additional Information
Days on Website31
HOA Fees0.00
LISTING MAP

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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Berkshire Hathaway HomeServices. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on May 15th, 2024 at 1:15pm CDT.

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