MULTI-FAMILY LOT OPPORTUNITY WITH 100 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 100ft 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 asbestos report and recent survey.
7,380 Sq Ft
Condo
Built in 1985
MLS/Listing ID 964100
Listing Courtesy of CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST, DELAWALLA TEAM - 850-225-9899
Source of Data: EMERALD COAST ASSOCIATION OF REALTORS