The sellers have recently completed the long process of a land use change and finalizing developer agreement with Walton County. The property is now ready for a developer to devise a Planned Unit Development Agreement and obtaining their permits from the, ACOE, D.E.P. and water management.Call listing agents for copy and to discuss the Developer Agreement.In short, the property can be developed in a similar mix of 280 apartments, 120 town homes and 520 single family lots at approximately 65'x125'.See drawing in document tab.
330 Acres Between Hwy. 98 & Chat H
Residential Multi-Family, Residential Single Family
Property Summary (MLS® #: 823823): Located in SANTA ROSA BEACH at 330 Acres Between Hwy. 98 & Chat H in the 32459 zip code. The property is 330.00 acres in size. At a price of $11,250,000, this listing has been on DavisProp.com for 146 days. The lot is close to VAN R. BUTLER Elementary School, EMERALD COAST Middle School and SOUTH WALTON High School.
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.
Listing information last updated on October 21st, 2019 at 5:00am CDT.