7885 Gulf Boulevard #1-12

Navarre, FL 32566
$2,300,000
18 beds | 18.00 baths | #964100

Description

MULTI-FAMILY LOT OPPORTUNITY WITH 100 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 100ft 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.

  • Property Details
      • Interior:Needs Work
      • Bedrooms:18
      • Bathrooms:18.00
      • Exterior features:Needs Work
      • Exterior materials:Foundation On Piling
      • Property type:Purchase
      • Style:N/A
      • Year built:1985
      • Energy:See Remarks
      • Utility features:Electric, Public Sewer, Public Water, TV Cable
      • Subdivision:SANDOLLAR CONDO (TERMINATED)
      • Community features:Beach, Elevators, Leasehold, Waterfront
      • Elementary School:Holley-Navarre
      • Middle School:Holley-Navarre
      • High School:Navarre
      • MLS #:964100
      • Cost:2300000
      • Property subtype:Condominium
      • MLS #:964100
      • Property condition:Construction Complete

Location

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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