10+ Acres 270' On Beach;extends To Hwy98 Cir, MIRAMAR BEACH

$20,000,000

0 Beds
0 Baths
469,577 Sqft
10.78 Acres
0 Garages

Rare and irreplaceable generational estate now offered for sale! This incredible 10.78-acre private compound features 270' of unimpeded shoreline on the Gulf of Mexico in Miramar Beach, Florida! Designated ''Coastal Center'' under Walton County's F.L.U.M., this unique property could make an amazing trophy property for a discerning family, or it could present a variety of (re)development opportunities, perhaps to include a boutique hotel, condominiums, and single-family homes.The existing residence, known as Casa Lauren, is oriented on 135' of the total 270' beach-front expanse. Please inquire for further details. Showings are by advanced appointment only. Buyer(s) must verify the accuracy of all information and specifications. The subject offering includes (4) contiguous parcels.

Essential Information
MLS® #802123
Price$20,000,000
Square Footage469,577
Acres10.78
TypeLand
Sub-TypeResidential Land
StatusActive
Community Information
AreaSouth Walton West
SubdivisionThe Pennington Estate
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Address

10+ Acres 270' On Beach;extends To Hwy98 Cir

Amenities
UtilitiesElectric Available
Is WaterfrontYes
WaterfrontGULF
Features

Additional Land Available, Within 1/2 Mile Of Water

Lot Description

Additional Land Available, Within 1/2 Mile Of Water

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website167
ZoningCoastal Center
HOA Fees0.00
Listing Details
OfficeSomers & Company

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2018, All rights reserved.

Listing information last updated on December 15th, 2018 at 6:45pm CST.

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