$9,320,000
Destin, FL 32541
MLS# 729778
Status: Sold
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Property Description
A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...
Details
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Current Price: $9,320,000
Status Change Info
Status: Sold
Under Contract Date: 2015-11-24
Sold Date: 2016-08-24
Sold Price: $9,320,000
Contract Info
List Date: 2015-05-14
List Price: $11,690,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 14 - Destin
Street #: 17005
Street Name: EMERALD COAST
Street Suffix: Parkway
State: FL
Zip Code: 32541
County: Okaloosa
Parcel ID: 00-2S-22-0000-0001-A13E
General Property Info
Listed on GCCMLS: No
Office Class: Vacant, three-story, +/-20,352 sf bank building located on Okaloosa County, Florida Parcel ID: 00-2S-22-0000-0001-A13E
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 17.35
Zoning: Please Inquire
Future Land Use: Mixed-Use & Commercial & Gulf Resort Mixed-Use
Land
Property Type: Commercial
Property Features
Class: Land
Construction Status: Existing
Supplements
Walmart is located to the West, two apartment communities to the North, and Home Depot and Publix to the East; directly to the South, Destin's crown jewel, Henderson Beach State Park. This assemblage will allow for mixed uses including multifamily, retail, office, hospitality, and special purpose. Significant civil engineering work has been completed. Please inquire for further details. Buyer must verify all data and specifications. The sales contracts and closings of each respective parcel shall be contingent upon the simultaneous closings of all related parcels.
Commons Drive area plan 
Listing Office: Somers & Company
Last Updated: October - 12 - 2024
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