6.15 Acres ~ Highway 98 Frontage, Miramar Beach, FL 32550 (MLS# 915930)

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6.15 Acres ~ Highway 98 Frontage, Miramar Beach, FL 32550

$6,900,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 267,894 Status: Active
Current Price: $6,900,000 List Date: 3/13/2024 Last Modified: 3/13/2024

Description

Prime Commercial / Mixed Use Development Opportunity in Miramar Beach, FL. This High & Dry 6.15 acres sits along Highway 98 with a traffic count over 50,000 cars per day (FDOT 2021). This property can be purchased as a whole or subdivided into outparcels. The seller is willing to entertain a Sale, Ground Lease or Build to Suit. This parcel has 125,000 SF Mixed Use density entitled within this PUD. Frontage Outparcels ~ $32/SF (Lots 1 {1.5 acre} Lot 2 {1.7 acre}; Rear Parcel ~ $24/SF (2.8 acres) Offsite Retention creating more buildable square footage.

More Information MLS# 915930

None

Current Price: $6,900,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 30832121 List Date: 2023-01-30 List Price: $6,900,000 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 6.15 Street Name: Acres ~ Highway 98 Frontage State: FL Zip Code: 32550 County: Walton Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Parcel ID: 30-2S-21-42000-005-0000 Legal Description: Walton County Parcel ID # 30-2S-21-42000-005-0000

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: Yes Acreage: 6.15 Lot Frontage: 563 Lot Depth: 400 Zoning: Coastal Center

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Prime Commercial / Mixed Use Development Opportunity in Miramar Beach, FL. This High & Dry 6.15 acres sits along Highway 98 with a traffic count over 50,000 cars per day (FDOT 2021). This property can be purchased as a whole or subdivided into outparcels. The seller is willing to entertain a Sale, Ground Lease or Build to Suit. This parcel has 125,000 SF Mixed Use density entitled within this PUD. Frontage Outparcels ~ $32/SF (Lots 1 {1.5 acre} Lot 2 {1.7 acre}; Rear Parcel ~ $24/SF (2.8 acres) Offsite Retention creating more buildable square footage.

Office/Member Info

Cooperative Comp: 2 Cooperative Comp Type: %

Land

Property Type: Mixed Use

Property Features

Class: Land; Multi-Family
Listing Office: Taylor Allen Properties LLC
Last Updated: March - 13 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.