Property Type:
Commercial for Sale
Lot Size (sq. ft.):
78,408
Status:
Sold
Current Price:
$2,500,000
List Date:
9/02/2016
Last Modified:
10/12/2024
Description
165 foot frontage on this 1.8 acre site on Highway 98 ideally situated between Destin and Sandestin Resort, with traffic counts of approximately 50,000 per day. Five income producing units with solid tenants and gross income of $140,000. There are three buildings on this parcel one has a total area of 7,900 square feet, another with 4,950 square feet of total area and one with 3,125 square feet of total area. This is part of 6.69 acre site which is also available. Previous development order for the entire 6.89 parcel allowed for 175,000 square feet of retail and commercial. Suitable for hotel/motel, multifamily and residential.
Listing Office: RE/MAX Coastal Properties
Last Updated: October - 12 - 2024
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