1001 US-98, Destin, FL 32541

#902681

LND

$12,000,000

Details

One of the very last, large, undeveloped tracts of land on Hwy 98 in the heart of Destin. This relatively level & cleared 10.25 +/- acreage is located on the North side of Hwy. 98 adjacent to the Big Kahuna Water Park on the East side. The Gulf of Mexico is to the South, around amusement parks, entertainment, shopping. restaurants, fishing, and gulf front residential. The parcel is zoned Town Center Mixed Use, Commercial. Perfect for one large or multiple hotels, apartments (with 20% commercial non residential square footage), mixed use, retail, health care development and much more. Seller requires a short due diligence period. Initial EMD $250,000. Proof of funds or pre approval letter required with contract. Buyer to confirm all information.

REAL ESTATE
Real Estate Type	LND
Full Bathrooms	0
Half Bathrooms	0
One Quarter Bathrooms	0
Three Quarter Bathrooms	0
Lot Size	10
Real Estate Sub Type	Vacant Land
Stories	0
Subdivision	DEW 98
Lot Size Units	Acres
Lot Size Area	10
Agent MLS Id	E6629
Office Key	20,191,127,173,007,500,000,000,000
Source System Name	Emerald Coast Association of REALTORS®
Source System Id	M00000138
Elevation	0
Directions	This property is located in the heart of Destin just West and adjacent to Big Kahuna Water Park. This parcel is located on the North side of Hwy. 98.
County	Okaloosa
Parcel Number	00-2S-22-0000-0013-014A
Number Of Units Total	0
Fireplace	False
Tax Legal Description	COM SE COR LOT 6 BLK J 2ND EAST PASS ADD THC SELY ALG N R/W 2356 FT TO POB N13 DEG E1278 FT S76 DEG E350 FT S13 DEG W1278 FT TO N R/W NWLY ALG R/W 350 FT TO POB LESS COM INT OF C/L PALMS STREET & N R/W US 98 S76 DEG E ALG R/W 617.37FT N13 DEG E 22.1FT TO POB CON N13 DEG E 40FT N76 DEG W 18.32FT S13 DEG E 18.32FT TO POB
Parking Total	0
Waterfront	False
Utilities	Electric Phone Public Water Sewer Available TV Cable Gas Available
Private Pool	False
Spa	False
Internet Address Display	True
Internet Automated Valuation Display	False
Agent Name	Bobby Parish
Agent Email	[email protected]
Agent Office	850-837-1880
Broker Id	ECSA3
Listing Contract Date	7/1/2022
Square Feet	0
Days On Market	270
Status	Active
Elementary School	Destin
Middle School	Destin
High School	Destin
Office Name	RE/MAX By the Sea