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.
Listing Office: Somers & Company
Last Updated: October - 12 - 2024
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