1001 Us-98, DESTIN

$12,000,000

0 Bed
0 Bath
446,490 Sqft
10¼ Acres
0 Garage

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.

Essential Information
MLS® #902681
Price$12,000,000
Square Footage446,490
Acres10.25
TypeLand
Sub-TypeResidential Land
StatusActive
Community Information
Address1001 Us-98
AreaDestin
SubdivisionDEW 98
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Utilities

Electric Available, Phone Available, Public Water Available, Sewer Available, TV Cable Available, Gas Available

Features

Curb & Gutter, Survey Available, Within 1/2 Mile Of Water

Lot Description

Curb & Gutter, Survey Available, Within 1/2 Mile Of Water

School Information
ElementaryDESTIN
MiddleDESTIN
HighDestin
Additional Information
ZoningCommercial
HOA Fees0.00
Listing Details
OfficeRE/MAX By the Sea
Property History
Price Reduced from $14,350,000 to $12,000,000
Price Increased from $14,250,000 to $14,350,000
Price Reduced from $14,500,000 to $14,250,000
Price Reduced from $15,250,000 to $14,500,000
Price Reduced from $17,500,000 to $15,250,000
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Listing information last updated on February 20th, 2024 at 10:00pm CST.