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.
GULF, Gulf/Pass, Shore: Beach, Shore: Natural
Electric Available, Public Sewer Available, TV Cable Available, Public Water Available
Within 1/2 Mile Of Water, Coastal Setback, Flood Insurance Required
GULF, Gulf/Pass, Shore: Beach, Shore: Natural
Within 1/2 Mile Of Water, Coastal Setback, Flood Insurance Required
Subdivision :
Burnt Pine
MLS® # 944592
Subdivision :
SeaBreeze Subdivision
MLS® # 933097
Subdivision :
LAKE ARTHUR ESTATES
MLS® # 927945
Subdivision :
Estates at Indian Pointe
MLS® # 936477
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 2nd, 2024 at 4:45am CDT.
