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 asbestos report and recent survey.
Features
18 bedrooms
18 bathrooms
7380 sq. ft. floor area
cottageCondo
Happy sellers in Navarre Beach
87%
sentiment_very_satisfied
87% of sellers in Navarre Beach reported that their sale price either exceeded or met their price expectations.
Navarre Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 12 reviews in Navarre Beach over the last 12 months.
Local market activity for 18 bedroom condos in Navarre Beach
Sold
For Sale
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