17005 EMERALD COAST Parkway, Destin, FL 32541

$9,320,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 755,766 Status: Sold
Current Price: $11,690,000 List Date: 5/14/2015 Last Modified: 10/12/2024

Description

A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...

Supplements: Walmart is located to the West, two apartment communities to the North, and Home Depot and Publix to the East; directly to the South, Destin's crown jewel, Henderson Beach State Park. This assemblage will allow for mixed uses including multifamily, retail, office, hospitality, and special purpose. Significant civil engineering work has been completed. Please inquire for further details. Buyer must verify all data and specifications. The sales contracts and closings of each respective parcel shall be contingent upon the simultaneous closings of all related parcels.

More Information MLS# 729778

Contract Info

Listing Board: Emerald Coast List Date: 2015-05-14 List Price: $11,690,000

Location, Tax and Legal

Sub Area: 1403 - Destin Northwest Property Name: FNB Bank Site & 15+ Acres Legal Description: (4) contiguous parcels of Okaloosa County, Florida, as follows: Parcel 1: 00-2S-22-0000-0001-A13E AND Parcel 2: 00-2S-22-0000-0001-A13J AND Parcel 3:00-2S-22-0000-0001-A090 AND Parcel 4: 00-2S-22-0000-0001-A080

General Property Info

Listed on GCCMLS: No Office Class: Vacant, three-story, +/-20,352 sf bank building located on Okaloosa County, Florida Parcel ID: 00-2S-22-0000-0001-A13E Vacant: Yes Immediate Occupancy: Yes Zoning: Please Inquire Future Land Use: Mixed-Use & Commercial & Gulf Resort Mixed-Use Acreage: 17.35

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...

Class

Land: 1

Construction Status

Existing: 1

Land

Property Type: Commercial

None

Current Price: $9,320,000

Status Change Info

Status: Sold Under Contract Date: 2015-11-24 Sold Date: 2016-08-24 Sold Price: $9,320,000

Location Tax and Legal

Area: 14 - Destin Street #: 17005 Street Name: EMERALD COAST Street Suffix: Parkway State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0000-0001-A13E

Property Features

Class: Land Construction Status: Existing

Documents

Listing Office: Somers & Company
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.