Destin, FL 32541,1001 US-98
Destin, FL 32541,1001 US-98
Destin, FL 32541,1001 US-98
Destin, FL 32541,1001 US-98
Destin, FL 32541,1001 US-98
Destin, FL 32541,1001 US-98
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$12,500,000

$14,000,000

10.7%
Est.Price: ?

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Est. payment /mo

10.25 Acres Lot


SOLD DATE : 08/21/2024

Key Details

Sold Price $12,500,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Dew 98

MLS Listing ID 902681

Sold Date 08/21/24

HOA Y/N No

Lot Size 10.250 Acres

Acres 10.25

Property Description

One of the very last, large, undeveloped tracts 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 one large or multiple 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 $250,000. Proof of funds or pre approval letter required with contract.Buyer to confirm all information.

Location

State FL

County Okaloosa

Area 14 - Destin

Zoning Commercial

Exterior

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

Building

Lot Description Curb & Gutter, Survey Available, Within 1/2 Mile to Water

Schools

Elementary Schools Destin

Others

Financing Conventional

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Listed by RE/MAX by the Sea
Bought with ECN - Unknown Office
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