Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
Listing photo for 122 Calhoun Ave, DESTIN, FL
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122 Calhoun Ave,

DESTIN, FL

$2,995,000

226,948 Sqft
5.21 Acres

An excellent opportunity to create a cozy village of cottages on the last of the large parcels in the ''old Destin'' section of the greater Destin metropolitan area. The heritage of the first settlers and inhabitants of the Worlds Luckiest Fishing Village still flows through the magnificent oaks and magnolias that populate the parcel and the rest of the Calhoun area.It is a perfect location to drop a condominium, townhome or clustered bungalow style community, or boutique hotel. Close to the unique harbor of Destin, every destination point along this charming area is within walking, biking, or golf cart access from this parcel. Zoned Calhoun Mixed Use Village for residential, hotel, commercial and short-term general development.The opportunity has 8 parcels that span Calhoun to Sibert($2,995,000.) " Zoned Calhoun Mixed Use Village for residential, commercial and general development " Density is 12 units per acre multi-family, 9 units per acre single family" Height limitation is 3 stories 35' single-family, 4 stories 50' multi-family " Floor Area Ratio is .5, or 113,474sf. Other adjacent properties are also potentially available. " Homes across the street on the Choctawhatchee Bay are now on market at $800+/sf " Subject parcel is across from two large city parks in which the city is highly invested " Parcel conducive to a golf cart community type development with walking/bicycle/golf cart access to all the entertainment and restaurant amenities in the harbor district. " This is the last of the large parcels available in the old part of Destin that is zoned for mixed use multi-family. Survey is attached. The highest density will be achieved by a 4-story condo, the highest sales per sq foot would be with single-family homes on separate building lots, the most fun would be "tiny house" bed and breakfast communities (which could be modified in future by selling off the individual tiny houses and re-purposing the property) or a boutique hotel of up to 200 rooms that could accommodate transient visitors enjoying all of the surrounding entertainment and food venues. There are no Development Orders at present time. Review "Documents" for potential use concepts.

This Land property located within the Old Destin subdivision in DESTIN, FL 32541 is priced at $13/sq. ft. and has been on the market for 165 days. 122 Calhoun Ave is 226948 square feet of living space and has 0 bedrooms and 0 baths and was built in . The average list price of properties in Old Destin is $2,995,000.
Facts & Features
MLS® # 836979
Price $2,995,000
Square Footage 226,948
Acres 5.21
Type Land
Sub-Type Residential Land
Status Active
Community Information
Address 122 Calhoun Ave
Area DESTIN
Subdivision Old Destin
City DESTIN
County OKALOOSA
State FL
Zip Code 32541
Amenities
Utilities Public Sewer Available, Public Water Available, TV Cable Available
Features Additional Land Available
Is Waterfront No
Exterior
Lot Description Additional Land Available
School Information
Elementary DESTIN
Middle DESTIN
High FORT WALTON BEACH
Additional Information
Days on Website 165
Zoning Business, Commercial, Residential Multi-Family, Residential Single Family, See Remarks
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Listing Details
Office Taylor Allen Properties LLC
Photo of Carrie Shoaf

Carrie Shoaf

Office: 850-866-2114
Cell: 850-866-2114

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, Copyright2020, All rights reserved.

Listing information last updated on May 31st, 2020 at 4:00am CDT.

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