0.31 Acres of Residential Land for Sale in Navarre, Florida

7885 Gulf Blvd, Navarre, FL 32566

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0.31 Acres of Residential Land for Sale in Navarre, Florida
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$2,450,000
0.31 acres
Active sale agoEst $24,796/mo

MULTI-FAMILY LOT OPPORTUNITY WITH 90 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 90ft 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.

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.

Property details

County
Santa Rosa County
Coordinates
30.3755, -86.8938
Community
Sandollar Condo (Terminated)
Zoning
Resid Multi-Family
Elevation
10 feet
MLS Number
ECARMLS 947274
Date Listed

Legal description

SANDOLLAR CONDOMINIUM (TERMINATED)

Parcels

  • 28-2S-26-9280-00000-0000

This 0.31-acre property is located at 7885 Gulf Blvd in Navarre, FL 32566 with latitude 30.3755 and longitude -86.8938. The property is currently available for sale for $2,450,000 with a price per acre of $7,903,226. Listing data is sourced from Emerald Coast Association of Realtors # 947274.

Verify sale details at the property source or contact Berkshire Hathaway HomeServices at (850) 534-3006.

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Copyright (C) 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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Land for sale in Navarre, FL