Sold
1001 US-98
Destin FL, 32541
$12,500,000
$28.00 per sqft
Sold
10.25 Acres
Land
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.
902681
MLSⓇ ID
January 11, 2024
Listed
November 22, 2024
Updated
Map
1001 US-98
Destin FL, 32541
Exterior/Building Features
Lot Size
10.25 Acres
Lot Features
Curb Gutter, Survey Available, Within 1/2 Mile to Water
School Information
High School
Destin
Elementary School
Destin
Other Property Details
Area Name
14 - Destin
Days on Market
683
Garage
No
View
No
County
Okaloosa
Pool
No
Zoning
Commercial
Listing History
Date | Event | Price |
---|---|---|
8/26/2024 | Sold | $12,500,000 |
Courtesy of RE/MAX by the Sea, Bobby Parish,
Listing Contact: 770-861-2966
IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Yvonne Summerfield shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Emerald Coast Association of REALTORS. All rights reserved.
Data last updated 1:00 PM UTC, 11/22/2024