1035 HWY 98 E DESTIN, FL 32541
$3,710,000

0
BEDROOMS
0
BATHS
0
SQ. FEET
0
YEAR BUILT
415
DAYS ON
THE MARKET
One of the last large pieces of land in Destin. This 9.22+/- acre parcel is located across Hwy 98 from the Gulf of Mexico; near shopping, restaurants, and Henderson State Park. It's zoned Commercial General. There is an allowable 40 units per acre, totaling 379 units. The City of Destin has 3 tiers of development, based on the architectural, amenities, etc. Tier 1 allows 50' in height, or 4 stories. Tier 2 allows 130', and 12 stories. Perfect for multi-family, condominium development, or possible retail development. Retail based on floor-area-ratio of 1.3 - Land sold for $16,000,000 in 2004 *Discounted*
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Property Info
MLS# 574573
1035 HWY 98 E, DESTIN, FL, 32541
Contact Info
(850) 650-0300
Rating: 0.0/5 (0 votes cast)
Property Details
MLS #
574573
List Price
$3,710,000
Property Type
Commercial Sales
Foreclosure
No
Status
Active
Acres
9.220
County
Okaloosa
City
Destin
Zip Code
32541
Area
Destin

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Describe your perfect Destin Real Estate home for me!
MLS # 574573
1035 HWY 98 E, DESTIN FL 32541
$3,710,000
0 Bed, 0 Bath , 0 Sq. feet
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Additional Information
Listing Courtesy of: Eimers Group LLC     Agent: Robert Bonhardt
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Jane Araguel Team shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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