REO-Previously approved for a 49 lot waterfront subdivision in Santa Rosa Beach, this property has lots of development potential or could, instead, be a large waterfront estate. The property has lots of large old growth magnolias, pines, and graceful live oak trees, and the length of it runs from Hwy 393 to the Bay with adjoining parcels also giving it access to Indian Woman Rd. This property can be broken up in multiple ways and seller would entertain breaking it into 3 large estate lots as well for a buyer looking to have more privacy. There is financing available for qualified borrowers. Broker is an employee of seller.
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Listing information last updated on June 26th, 2019 at 5:00am CDT.