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$12,500,000
$14,000,000 10.7%
Est. payment /mo
10.25 Acres Lot
Sold on 08/21/2024
1001 US-98 Destin, FL 32541
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UPDATED:
Key Details
Sold Price $12,500,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Dew 98
MLS Listing ID 902681
Lot Size 10.250 Acres
Property Sub-Type Vacant Land
Property Description
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.
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning Commercial
Exterior
Utilities Available Electric, Gas Available, Phone, Public Water, Sewer Available, TV Cable
Building
Lot Description Curb & Gutter, Survey Available, Within 1/2 Mile to Water
Schools
Elementary Schools Destin
Listed by RE/MAX by the Sea
Bought with ECN - Unknown Office
Bought with ECN - Unknown Office