4491 Watkins Street, Pace, FL 32571 (MLS# 954710)

Description

One of the few remaining parcels of land zoned R2 (Medium Density Residential) in the highly sought-after Pace, FL area. This cleared lot is a rare gem, perfectly poised for development. The current design envisions 5 duplexes (10 units, see attachment), however, the R2 zoning allows for up to 12 units, providing incredible potential for maximizing your investment. Located close to top-rated schools, shopping, and restaurants, this property offers an ideal setting for rental units. Act now and capitalize on this exceptional property! Flood Zone X.

Status Change Info

Sold Price/Acre: 199186.99 Status: Sold Under Contract Date: 2024-10-19 Sold Date: 2024-12-06 Sold Price: $245,000

Contract Info

Listing Board: Navarre List Price/Acre: 203252.03 List Date: 2024-07-16 List Price: $250,000

Location, Tax and Legal

Sub Area: 1008 - Not in Use Elementary School: Pea Ridge Middle School: Avalon High School: Pace Legal Description: **NEW PARCEL FOR 2021 TAXES**PARCL 120: COM AT NE CORNER OFNE4 OF SW4 OF NW4 OF SECTION14 TOWNSHIP 1 NORTH RANGE 29WEST THN N87*53'32''W ALONG NQTR LINE 33.00 FT TO W R/W OFWATKINS ST FOR POB THN S2*05'13''W ALONG SAID R/W 50.00 FTTHN N87*52'40''W 130.00* FT THNS2*05'13''W 250.00 FT THN N87*52'40''W 157.00 FT THN N2*05'13''E 300.00 FT TO N LINE OF NE4OF SW4 OF NW4 THN S87*52'40''EALONG N QTR LN 29

General Property Info

Sub-Type: Vacant Land Acreage: 1.23

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: One of the few remaining parcels of land zoned R2 (Medium Density Residential) in the highly sought-after Pace, FL area. This cleared lot is a rare gem, perfectly poised for development. The current design envisions 5 duplexes (10 units, see attachment), however, the R2 zoning allows for up to 12 units, providing incredible potential for maximizing your investment. Located close to top-rated schools, shopping, and restaurants, this property offers an ideal setting for rental units. Act now and capitalize on this exceptional property! Flood Zone X.

Lot Features

Cleared: 1 Interior: 1 Irregular: 1 Survey Available: 1

Lot Access

Dirt/Clay Road: 1 No Road: 1 See Remarks: 1

Utilities

Public Water: 1 Sewer Available: 1

Zoning

Resid Single Family: 1

Financing

Conventional: 1 FHA: 1 VA: 1

None

Current Price: $245,000

Location Tax and Legal

Street #: 4491 Street Name: Watkins Street Suffix: Street Area: 10 - North Santa Rosa County State: FL Zip Code: 32571 County: Santa Rosa Project Name/Subdivision: NONESUCH WAY Parcel ID: 14-1N-29-0000-00406-0000

Property Features

Lot Access: Dirt/Clay Road; No Road; See Remarks Lot Features: Cleared; Interior; Irregular; Survey Available Zoning: Resid Single Family Utilities: Public Water; Sewer Available Financing: Conventional; FHA; VA