ACTIVE DEVELOPMENT ORDER for a PRIME & RARE Development Project in the renowned Grayton Beach market of South Walton County, Florida & Scenic 30A! The subject +/-7.35 acre site, surrounded by State Forest on three sides, contains well over $1m in existing infrastructure and is fully approved and ready for the vertical construction of the Grayton Grand Hotel & Condominiums. The Development Order approves 173 total units; 75 of which will be luxury hotel rooms, 20 luxury lockout condominiums, 58 one-bedroom condominiums, and 20 two-bedroom condominiums; plus a rooftop terrace, resort-style pool with cabanas, wedding reception space & bridal suites, retail space, restaurant space, fitness center & spa, 112 covered parking spaces, 199 surface parking spaces, meeting space & a business center.

Supplements: The Grayton Grand site is located between Panama City Beach to the east and Destin to the west, and within 45 minutes of two commercial airports [Fort Walton Beach (VPS) and Northwest Florida Beaches International Airport (ECP) in Panama City Beach], as well as the private Destin airport. The area is also a major drive-to destination, drawing vacationers from all over the southeast. Scenic Highway 30A stretches 19 miles along the Gulf of Mexico in Walton County, Florida, encompassing the various beach communities known as The Beaches of South Walton County. The Beaches of South Walton are a premier tourist destination with incredible restaurants, excellent shopping, rare natural ecosystems, and arguably the world's most beautiful beaches! There are currently only 115 hotel rooms along Scenic Hwy 30A: 60 at Watercolor Inn & Resort and 55 at The Pearl in Rosemary Beach. With a neighborhood motto of "nice dogs, friendly folks," Grayton Beach is a place that embraces the easygoing lifestyle. Visitors love retreating to this beach neighborhood and becoming a part of a welcoming, fun-loving community. Funky shops, local boutiques, and artists' galleries line the streets. You can find live music almost any night of the week; and it's not uncommon to wear flip-flops from sunrise to sunset. The character of Grayton Beach is apparent in its dining scene, which includes everything from beach bars to wine bars. In Grayton Beach, anything goes - and that's just how both locals and visitors like it. The Grayton Grand is a one-of-a-kind opportunity, as Walton County is very protective of the unique atmosphere of this beloved community, and another such project is unlikely to be approved. Please inquire for further details as well as to request an Offering Memorandum.