Rare developer opportunity to purchase 23+/- acres of waterfront land located on Floridas Emerald Coast. The 23+/- acre site is located in Navarre Beach on Santa Rosa Island. Santa Rosa Island is a strip of land connecting Pensacola Beach and Navarre with over 18 miles of pristine white sand beaches along the Gulf of Mexico and the Santa Rosa Sound. Zoned Navarre Beach Planned Mixed Use, the 23.24-acre tract is the premier development site for a high density residential and commercial development. Year after year, the Santa Rosa Island beaches are ranked as some of the best beaches in the nation. Top-rated schools, quality health care, and a stable economy make Navarre a great location to not only visit, but also call home. The site contains a total of 23.24 acres with approximately 1,800 feet of frontage along the Santa Rosa Sound and 1,250 feet of frontage along the north side of Gulf Blvd, the main thoroughfare in Navarre Beach (10,000 AADT). The NB-PMUD zoning allows for 30% of the development to be comprised of commercial uses and 70% of the development to be for residential uses. There is a maximum density of 30 residential units per acre. The owner has conceptual plans for a legally permissible mixed-used development consisting of 697 residential condominium units, 148 condo/hotel units, and 100,000 SF of commercial retail space. In addition, the owner also has conceptual plans for a potential 148 slip marina along the Santa Rosa Sound. The site would be an excellent location for an RV park and is an allowed use under the current zoning. Population continues to increase along with the demand for waterfront vacation destinations and condominium units. The current population in Santa Rosa County has grown by 19% in the last decade making it one of the fastest-growing counties in the US.
- Price:
- $20,000,000
- Square Footage:
- 599 sqft or less
- Acreage:
- 23.24
- Listing ID #:
- 541725
- Street Address:
- 0 Gulf Blvd
- City:
- Navarre Beach
- State:
- Florida
- Postal Code:
- 32566
- County:
- Santa Rosa
- Subdivision:
- None
- Listing Status:
- Active
3-5
975 students
15 student/teacher
6-8
1000 students
18 student/teacher
9-12
2318 students
21 student/teacher
- Miscellaneous Features:
- Aerials Available, Easement, Survey Avail, Will Divide
- Conforms To Zoning:
- Business, City, Commercial, County, Res Multi, Res Single
- Land Improvements:
- Cleared, No Improvements
- Lot Description:
- Waterfront, Waterview
- Lot Size:
- 1, 250' X 716' X 1, 801' X1058'
- Suitable Use:
- Commercial, Multi-Family, Other Use, Residential, See Remarks
- Topography:
- Level
- Community Features:
- Beach, Marina, Rv/Boat Parking
- Price Per Square Foot:
- 860585.20
- Existing Water:
- Public Water
- Sewage Type:
- Public Sewer
- Water View Description:
- Gulf View, Sound View
- Waterfront Description:
- Sound
- Waterfront Footage:
- 1801
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Berkshire Hathaway Homeservices Penfed Realty
- Schools information provided by ATTOM
