529 HARBOR BLVD DESTIN, FL 32541
This property has abundant opportunities and is located in the City of Destin with a North Harbor Mixed Use (NHMU) zoning district. The total property consists of four (4) lots with 200 feet of frontage on Hwy 98 and 200 feet of access on Mountain Drive totaling 2.08 acres. Additional land could be available to increase the size of the development to 3.18 acres and frontage on Hwy 98 will increase to 350 feet. The zoning designation will allow up to 15 stories in height, unlimited amount of hotel rooms as long as required amount of parking is met. You can also develop retail space together with hotel and or condo combination to increase your potential investment. Subject property is across the street from the Destin Harbor with views from the third floor. A well-known and successful Italian Restaurant with retail space on the subject property could provide income while waiting for development order. Existing owner would also entertain leasing a portion of the new retail space and owner financing is available on a portion of purchase price. Additional documents and information is attached click on photo above or link below to view. Listing price is based on land value only and existing buildings are offered as is .
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