Address
1001 Us-98, Destin, FL
Price
$ 12,000,000
Property Attributes
  • MLS#902681
  • TypeLand
  • CountyOKALOOSA
  • CityDestin
  • AreaDestin
  • NeighborhoodDew 98
  • Zip32541
  • StyleVacant Land
  • Price$ 12,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10.25 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description

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.

Elementary School Middle School High School
Destin Elementary School Destin Middle School Destin High School
Price History
7/1/2022 Listed $17,500,000
3/6/2023 13% - $15,250,000
4/20/2023 5% - $14,500,000
8/1/2023 2% - $14,250,000
1/18/2024 16% - $12,000,000

General Features

Utilities Sewer Available,TV Cable,Electric,Public Water,Phone,Gas Available
Zoning Commercial
Property SubType Vacant Land
County Okaloosa
Property Type C
Subdivision Name DEW 98
Status Active
Buyer Financing Conventional
Directions This property is located in the heart of Destin just West and adjacent to Big Kahuna Water Park. This parcel is located on the North side of Hwy. 98.
High School Destin
City Destin
MLS Area 14 - Destin
Lot Size Square Feet 446490.0
Street Name US-98
Elementary School Destin
Middle/Junior High School Destin
MLS Area Minor 1403 - Destin Northwest
Standard Status Active
Buyer Agent Compensation Type %

Exterior Features

Lot Features Within 1/2 Mile to Water,Curb & Gutter,Survey Available
Lot Size Area 10.25
Lot Dimensions 300' x 1300'
Lot Size Acres 10.25
Lot Size Units Acres
Road Frontage Type US Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32541

Price
AVG $1.52M
$12M
Visits
AVG 118
84
Data Provided by Inside Real Estate®