1.5 Acres ~ Highway 98 Frontage Active

Miramar Beach,FL 32550

$ 2000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 915926

Lot Size 1.500 Acres

Acres 1.5

Property Description

Prime Commercial / Mixed Use Development Opportunity in Miramar Beach, FL. This 1.5 acres is High & Dry and a part of the entire 6.15 acres sitting along Highway 98 with a traffic count over 50,000 cars per day (FDOT 2021). This property owner is willing to subdivide this larger site 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.

Location

State FL

County Walton

Area 15 - Miramar/Sandestin Resort

Zoning Coastal Center

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