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 

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