MULTI-FAMILY LOT OPPORTUNITY WITH 100 FT GULF OF MEXICO FRONTAGE! A rare visionary investor's opportunity that offers versatility like no other. THE VALUE IN THIS PROPERTY IS IN THE LAND. This parcel can accommodate a maximum of 12 condos or 4 Townhomes or 2 Homes or just 1 home helming the 100ft Gulf frontage. The property currently has a 12-unit condo complex damaged from Hurricane Sally. Buyer would have to tear down building at buyer's expense as salvaging the building would be a cost-prohibitive endeavor. Reach out for more details regarding already completed due diligence efforts in the form of an engineering report, asbestos report, and recent survey.
Property Features
Bedrooms
- Bedrooms: 18
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Bedroom 3 Level: First
- Bedroom 4 Level: First
- Bedroom 5 Level: First
- Bedroom 6 Level: First
- Bedroom 7 Level: First
- Bedroom 8 Level: First
- Bedroom 9 Level: First
- Bedroom 10 Level: First
Other Rooms
- Total Rooms: 20
- Bedroom 13 Level: First
- Bedroom 14 Level: First
- Bedroom 15 Level: First
- Bedroom 16 Level: First
- Bedroom 17 Level: First
- Bedroom 18 Level: First
- Bedroom 19 Level: First
- Bedroom 20 Level: First
- Bedroom 11 Level: First
- Bedroom 12 Level: First
Bathrooms
- Total Bathrooms: 18
- Full Bathrooms: 18
Interior Features
Exterior and Lot Features
Waterfront and Water Access
- Gulf
- Gulf/Pass
- Shore - Beach
- Shore - Natural
Home Features
School Information
- Elementary School: Holley-Navarre
- High School: Navarre
- Middle School: Holley-Navarre
Amenities and Community Features
- Beach
- Elevators
- Leasehold
- Waterfront
- Facilities: Elevators, Beach, Waterfront, Leasehold
- Community Features: Beach, Elevators, Leasehold, Waterfront
Other Property Info
- Source Listing Status: Active
- County: Santa Rosa
- Directions: Head South on the Navarre Beach bridge. Turn right to head West at the stop light on to Gulf Blvd. The complex will be on the South side of Gulf Blvd approximately 2 miles down.
- Source Property Type: Residential
- Area: 11 - Navarre/Gulf Breeze
- Property Subtype: condo
- MLS Area Minor: 1101 - Navarre Beach
- Source Neighborhood: SANDOLLAR CONDO (TERMINATED)
- Parcel Number: 28-2S-26-9280-00000-0000
- Subdivision: SANDOLLAR CONDO (TERMINATED)
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 7380
- Year Built: 1985
- Building Area Source: Condo Docs
- Building Area Total: 7380
- Building Exterior Type: Foundation On Piling
- Construction Materials: Foundation On Piling
- Property Age: 39
- Property Condition: Construction Complete
- Building Total Stories: 3
Utilities
- Electric
- Public Sewer
- Public Water
- TV Cable