The very last, largest, undeveloped tract 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 and Raceway on the West. 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 hotels, apartments with 20% commercial, mixed use, retail, health care development and much more. Seller will agree to 75 days due diligence and 30 days to close. Initial EMD $150,000. DD after 75 days requires additional $50k hard EMD every 30 days. Proof of funds or pre approval letter required with contract.Buyer to confirm all info.
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Listing information last updated on August 7th, 2022 at 11:15am CDT.