About 7885 Gulf Blvd
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 181/sq. ft. and has been on the market for 18 days. 7885 Gulf Blvd is 13504 square feet of living space and has and The average list price of properties in this same area is $668,900.
Features of 7885 Gulf Blvd
| MLS® # | 947274 |
|---|---|
| Price | $2,450,000 |
| Square Footage | 13,504 |
| Acres | 0.31 |
| Type | Land |
| Sub-Type | Residential Land |
| Status | Active |
Community Information
| Address | 7885 Gulf Blvd |
|---|---|
| Area | Navarre/Gulf Breeze |
| Subdivision | SANDOLLAR CONDO (TERMINATED) |
| City | NAVARRE |
| County | SANTA ROSA |
| State | FL |
| Zip Code | 32566 |
Amenities
| Amenities | Beach, Leasehold, Waterfront |
|---|---|
| Utilities | Electric Available, Public Sewer Available, TV Cable Available, Public Water Available |
| Features | Within 1/2 Mile Of Water, Coastal Setback, Flood Insurance Required |
| Is Waterfront | Yes |
| Waterfront | GULF, Gulf/Pass, Shore: Beach, Shore: Natural |
| Water View | GULF, Gulf/Pass |
Exterior
| Lot Description | Within 1/2 Mile Of Water, Coastal Setback, Flood Insurance Required |
|---|
School Information
| Elementary | HOLLEY-NAVARRE |
|---|---|
| Middle | HOLLEY-NAVARRE |
| High | NAVARRE |
Additional Information
| Days on Website | 18 |
|---|---|
| Zoning | Residential Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | Berkshire Hathaway HomeServices |
|---|