This property offers an exceptional opportunity for developers and investors looking to build a thriving residential community. The expansive 4+ acre property provides ample space for 52 units with the potential for additional amenities and common areas. Included in the price are surveys, site plan and final permitting for a 24-unit apartment building and seven 4-plexes. Within a short distance are the gorgeous sandy shores of the Gulf. Close by are the emerald green fairways of several challenging golf courses, while nearby waterfront restaurants offer dining with a scenic view. With all utilities available, this property affords developers the opportunity to create a unique living experience.
Financial Considerations
Price:
$1,350,000
HOA Fee:
N/A
Tax Amount:
$5296.46
Price per SqFt:
$7.06
Tax Legal Description:
ZZZ 274120 T4E 27-41-20 T4E 3.4 AC. M/L PT OF TR 4E BEG NW COR 27 E 2600 FT M/L TO HALF SEC LINE S 3811.53 FT W 600 FT TO WSIDE OF PROPOSED ROAD N ALG W R/W 500 FT FOR POB CONT ALG W R/W 580 FT SW 274.22 FT S 237.89 FT SE 508.6 FT TO POB AKA PT OF VAC DELANEY & TRE