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1001 Us-98, Destin, FL 32541

$14,500,000

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Listing Courtesy of: Re/Max By The Sea - (850) 424-3674

Description for 1001 Us-98

MLS# 902681

The very last, largest, undeveloped tract of land on Hwy 98 in the heart of Destin. This relatively level & cleared 10.25 +/- acreage is located on the North side of Hwy. 98 adjacent to the Big Kahuna Water Park on the East side. The Gulf of Mexico is to the South, around amusement parks, entertainment, shopping. restaurants, fishing, and gulf front residential. The parcel is zoned Town Center Mixed Use, Commercial. Perfect for hotels, apartments (with 20% commercial non residential square footage), mixed use, retail, health care development and much more. Seller requires a short due diligence period. Initial EMD $150,000. Proof of funds or pre approval letter required with contract.Buyer to confirm all information.

General Features Property for Sale

  • Price
    $14,500,000
  • MLS#
    902681
  • County
    Okaloosa
  • Subdivision
    Dew 98
  • Approx. Lot Size
    300' x 1300'
  • Approx. Acreage*
    10.25

Additional Details

General

As Is : Yes
Sub Area : 1403 - Destin Northwest

Financial

Financing : Conventional

Lot

Lot Access : U.S. Highway
Lot Features : Curb & Gutter, Survey Available, Within 1/2 Mile to Water
Zoning : Commercial

Equipment

Utilities : Electric, Gas Available, Phone, Public Water, Sewer Available, Tv Cable

Schools

Elementary School : Destin
High School : Destin
Middle School : Destin

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Market Research

This Property

  • $14,500,000

    List Price

  • 331

    Days on Website (Jul 01, 2022)

Destin Land Values

  • $2,555,392

    Average List Price

  • 227

    Average Days on Market

  • $586,885

    Average Sold Price

  • 3,425

    Number of Properties for Sale

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Listing Courtesy of: Re/Max By The Sea - (850) 424-3674
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