About 7885 Gulf Blvd 1-12
MULTI-FAMILY LOT OPPORTUNITY WITH 90 FT GULF OF MEXICO FRONTAGE! A rare visionary investor's opportunity that offers versatility like no other. THE VALUE IN THIS PROPERTY IS IN THE LAND. This parcel can accommodate a maximum of 12 condos or 4 Townhomes or 2 Homes or just 1 home helming the 90ft Gulf frontage. The property currently has a 12-unit condo complex damaged from Hurricane Sally. Buyer would have to tear down building at buyer's expense as salvaging the building would be a cost-prohibitive endeavor. Reach out for more details regarding already completed due diligence efforts in the form of an engineering report, asbestos report, and recent survey.
This property located within the SANDOLLAR CONDO (TERMINATED) subdivision in NAVARRE is priced at 332/sq. ft. and has been on the market for 18 days. 7885 Gulf Blvd 1-12 is 7380 square feet of living space and has 18 bedrooms and 18 baths The average list price of properties in this same area is $663,234.
Features of 7885 Gulf Blvd 1-12
MLS® # | 947273 |
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Price | $2,450,000 |
Bedrooms | 18 |
Bathrooms | 18.00 |
Full Baths | 18 |
Square Footage | 7,380 |
Acres | 0.00 |
Year Built | 1985 |
Type | Residential |
Sub-Type | Condominiums |
Style | N/A |
Status | Active |
Community Information
Address | 7885 Gulf Blvd 1-12 |
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Area | Navarre/Gulf Breeze |
Subdivision | SANDOLLAR CONDO (TERMINATED) |
City | NAVARRE |
County | SANTA ROSA |
State | FL |
Zip Code | 32566 |
Amenities
Amenities | Beach, Elevators, Leasehold, Waterfront |
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Utilities | Electric Available, Public Sewer Available, Public Water Available, TV Cable Available |
Is Waterfront | Yes |
Waterfront | GULF, Gulf/Pass, Shore: Beach, Shore: Natural |
Water View | GULF, Gulf/Pass |
Has Pool | No |
Pool | Community, Private |
Interior
Interior Features | Needs Work |
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Has Basement | No |
Fireplace | No |
Exterior
Exterior | Foundation On Pilings |
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Exterior Features | Needs Work |
Roof | Foundation On Pilings |
Foundation | Foundation On Pilings |
School Information
Elementary | HOLLEY-NAVARRE |
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Middle | HOLLEY-NAVARRE |
High | NAVARRE |
Additional Information
Days on Website | 18 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | Berkshire Hathaway HomeServices |
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