7885 Gulf Boulevard

Navarre, FL 32566
$2,300,000

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
      • Lot size:100 x 150
      • Property type:Purchase
      • Subdivision:SANDOLLAR CONDO (TERMINATED)
      • Elementary School:Holley-Navarre
      • Middle School:Holley-Navarre
      • High School:Navarre
      • Taxes annual:$0
      • MLS #:964101
      • Cost:2300000
      • Property subtype:Vacant Land
      • MLS #:964101

Location

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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.

Estimated Monthly Payment
$0.00
Loan Amount
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