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  • 10.78 ACRES
  • - Land For Sale

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Description for 10+ Acres 270' On Beach;Extends To Hwy98 MLS# 802123

Rare and irreplaceable generational estate now offered for sale! This incredible 10.78-acre private compound features 270' of unimpeded shoreline on the Gulf of Mexico in Miramar Beach, Florida! Designated ''Coastal Center'' under Walton County's F.L.U.M., this unique property could make an amazing trophy property for a discerning family, or it could present a variety of (re)development opportunities, perhaps to include a boutique hotel, condominiums, and single-family homes.The existing residence, known as Casa Lauren, is oriented on 135' of the total 270' beach-front expanse. Please inquire for further details. Showings are by advanced appointment only. Buyer(s) must verify the accuracy of all information and specifications. The subject offering includes (4) contiguous parcels.

General Features

  • Property For
    Sale
  • County
    Walton
  • Subdivision
    The Pennington Estate
  • Approx. Lot Size
    270x1740
  • Approx. Acreage*
    10.78
  • Price
    $20,000,000
  • MLS #
    802123

Additional Details

As Is
Yes
Sub Area
1504 - Miramar Beach Southeast

Lot

Lot Access
Private Road
Lot Features
Addl Land Available,Within 1/2 Mile to Water
Waterfront
Gulf
Waterfront Waterfront Feet
270
Waterview
Gulf
Zoning
Coastal Center
Utilities
Electric
Elementary School
Van R Butler
High School
South Walton
Middle School
Emerald Coast

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Market Research


 

Miramar Beach Land Values

Average List Price:
$690,955
Average Price per SQFT:
(N/A)
Average Days on Market:
385
Number of Properties for Sale:
610
Vs.

This Property

List Price:
$20,000,000
Approx. Price per SQFT:
N/A
Days on Website:
106(Jul 01, 2018)

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2018 by Emerald Coast Association of REALTORS®