1001 Us-98, DESTIN

$17,500,000

0 Beds
0 Baths
446,490 Sqft
10¼ Acres
0 Garages

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 and Raceway on the West. 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, mixed use, retail, health care development and much more. Seller will agree to 75 days due diligence and 30 days to close. Initial EMD $150,000. DD after 75 days requires additional $50k hard EMD every 30 days. Proof of funds or pre approval letter required with contract.Buyer to confirm all info.

Essential Information
MLS® #902681
Price$17,500,000
Square Footage446,490
Acres10.25
TypeLand
Sub-TypeResidential Land
StatusActive
Community Information
Address1001 Us-98
AreaDestin
SubdivisionDEW 98
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Utilities

Electric Available, Gas Available, Phone Available, Public Water Available, Sewer Available, TV Cable Available

Features

Curb & Gutter, Survey Available, Within 1/2 Mile Of Water

Lot Description

Curb & Gutter, Survey Available, Within 1/2 Mile Of Water

School Information
ElementaryDESTIN
MiddleDESTIN
HighDestin
Additional Information
Days on Website42
ZoningCommercial
RE / Bank OwnedYes
HOA Fees0.00
Listing Details
OfficeRE/MAX By the Sea
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Listing information last updated on August 12th, 2022 at 7:15am CDT.