Property Details
Commercial
MLS# 453904
- Price:$
- 12,500,000
- Address:
- 35 ACRES Hwy 98 E
- City:
- Santa Rosa Beach
- Bedrooms:
- N/A
- Baths Full:
- N/A
- Baths Half:
- Year Built:
- 0
- City:
- Santa Rosa Beach
- Zip:
- 32459
- Status:
- Project:
- N/a
- Last Changes:
- Main Area:
- Approx SF:
- Stories In Unit:
- N/A
- Style:
- N/A
- Remarks:
- The commercial portion of this site is comprised of 35 acres and the current development order allows for 387,000 square feet of commercial space. The densities and intensities can be brought to the highest allowed use of 620,730 square feet by amending the development order. All concurrency requirements, including traffic and schools, have been met for the development as currently planned. Traffic concurrency for further development of the property may be met by contributing funds under the proportionate-fair-share rule. Concurrency for water and sewer services has been met by a commitment from Regional Utilities to provide these services. As specified by the Department of Community Affairs, large scale-amendments will be difficult to obtain in Walton County after the last large scale amendment has been approved. As the current owners of this property have already been granted the required amendments (LSA 05-01) in February of 2006, Forest View is one of the only remaining developable properties of its kind. It is currently the largest property available with commercial frontage on Hwy. 98. Additionally, the property is located approximately 20 miles from the site for the new Panama City-Bay County International Airport which will bring even greater growth and tourism to this already sought after area. Forest View could not be in a better position to capture the vast marketing void between the cities of Destin and Panama City and to take advantage of the domestic and international traffic that Bay and Walton Counties will experience in the near future.
Information:
- Const/Siding:
- N/A
- Appliances:
- NA
- Utilities:
- Energy:
- N/A
- Exterior
- N/A
Additional Information:
- Financing:
- N/A
- Construction
- Proposed
- Facilities
- N/A
- Provided By:
- Azland Properties
All information in this listing, including but not limited to square footage, room dimensions and lot size is approximate and not exact. Buyers are expected to verify any specific information prior to signing any contract. Neither the Emerald Coast Association of Realtors nor any Realtor is liable for any inaccuracies herein.Copyright: 2005 by the Emerald Coast Association of Realtors