4320 Commons Drive, Destin, FL 32541 (MLS# 740483)

4320 Commons Drive, Destin, FL 32541

$6,075,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 544,500 Status: Sold

Current Price: $6,950,000 List Date: 10/21/2015 Last Modified: 10/12/2024

Description

A highly coveted and prime +/-12.5 acre assemblage of (2) contiguous parcels located in the heart of Destin, Florida! Identified on uploaded image as ''Parcel 3'', it is located in the City of Destin and offers high density zoning known as Gulf Resort Mixed-Use. The entitlements of this assemblage may allow for 250 units of multi-family density. Please view uploaded video/virtual tour. Please inquire for further details. The sales contract and closing shall be contingent upon simultaneous closings of the related parcels contiguous to this site, Parcels 1 & 2, as identified in illustrated aerial. Buyer must verify all data, specifications, and information.

More Information MLS# 740483

Contract Info

Listing Board: Emerald Coast List Date: 2015-10-21 List Price: $6,950,000

Location, Tax and Legal

Sub Area: 1403 - Destin Northwest Legal Description: Okaloosa County, Florida Parcel ID's: 00-2S-22-0000-0001-A080 AND 00-2S-22-0000-0001-A090

General Property Info

Listed on GCCMLS: No Vacant: Yes Immediate Occupancy: No Zoning: Please inquire Future Land Use: City of Destin / Gulf Resort Mixed-Use Acreage: 12.5

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: A highly coveted and prime +/-12.5 acre assemblage of (2) contiguous parcels located in the heart of Destin, Florida! Identified on uploaded image as ''Parcel 3'', it is located in the City of Destin and offers high density zoning known as Gulf Resort Mixed-Use. The entitlements of this assemblage may allow for 250 units of multi-family density. Please view uploaded video/virtual tour. Please inquire for further details. The sales contract and closing shall be contingent upon simultaneous closings of the related parcels contiguous to this site, Parcels 1 & 2, as identified in illustrated aerial. Buyer must verify all data, specifications, and information.

Class

Land: 1

Construction Status

N/A: 1

Land

Property Type: Multi-Family

None

Current Price: $6,075,000

Status Change Info

Status: Sold Under Contract Date: 2015-11-24 Sold Date: 2016-08-17 Sold Price: $6,075,000

Location Tax and Legal

Area: 14 - Destin Street #: 4320 Street Name: Commons Street Suffix: Drive State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-0000-0001-A090

Property Features

Class: Land Construction Status: N/A

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.