Waterfront
Address
0 GULF BLVD Navarre Beach, FL
Price
$ 20,000,000
Property Attributes
  • MLS#541725
  • TypeLand
  • CountySANTA ROSA
  • CityNavarre Beach
  • AreaSanta Rosa
  • Zip32566
  • StyleLAND/ACREAGE
  • Price$ 20,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size23.24 Acres
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices PenFed Realty
Data Source:
Pensacola Association of REALTORS (FARPENS)
Property Description

Rare developer opportunity to purchase 23+/- acres of waterfront land located on Florida’s Emerald Coast. The 23+/- acre site is located in Navarre Beach on Santa Rosa Island. Santa Rosa Island is a strip of land connecting Pensacola Beach and Navarre with over 18 miles of pristine white sand beaches along the Gulf of Mexico and the Santa Rosa Sound. Zoned Navarre Beach Planned Mixed Use, the 23.24-acre tract is the premier development site for a high density residential and commercial development. Year after year, the Santa Rosa Island beaches are ranked as some of the best beaches in the nation. Top-rated schools, quality health care, and a stable economy make Navarre a great location to not only visit, but also call home. The site contains a total of 23.24 acres with approximately 1,800 feet of frontage along the Santa Rosa Sound and 1,250 feet of frontage along the north side of Gulf Blvd, the main thoroughfare in Navarre Beach (10,000 AADT). The NB-PMUD zoning allows for 30% of the development to be comprised of commercial uses and 70% of the development to be for residential uses. There is a maximum density of 30 residential units per acre. The owner has conceptual plans for a legally permissible mixed-used development consisting of 697 residential condominium units, 148 condo/hotel units, and 100,000 SF of commercial retail space. In addition, the owner also has conceptual plans for a potential 148 slip marina along the Santa Rosa Sound. The site would be an excellent location for an RV park and is an allowed use under the current zoning. Population continues to increase along with the demand for waterfront vacation destinations and condominium units. The current population in Santa Rosa County has grown by 19% in the last decade making it one of the fastest-growing counties in the US.

Elementary School Middle School High School
Holley/Navarre Elementary School Holley/Navarre Middle School Navarre High School
Price History
9/28/2020 Listed $14,500,000

General Features

Category LAND
Elementary School HOLLEY/NAVARRE
High School NAVARRE
Listing Area SANTA ROSA
Middle School HOLLEY/NAVARRE
Miscellaneous AERIALS AVAILABLE, EASEMENT, SURVEY AVAIL, WILL DIVIDE
Price Per Sq Ft 860585.2
Sewer PUBLIC SEWER
Status Active
Status Active
Subdivision NONE
Topography LEVEL
Utilities ELECTRICITY, INTERNET, TELEPHONE
Water PUBLIC WATER
Waterfront SOUND
Zoning BUSINESS, CITY, COMMERCIAL, COUNTY, RES MULTI, RES SINGLE

Exterior Features

County Zoning NAVARRE BEACH-PLANNED MIXED USE DEVELOPMENT
Improvements CLEARED, NO IMPROVEMENTS
Lot Dimensions 1, 250' x 716' x 1, 801' X1058'
Lot Size Area 23.24
Water Frontage 1801
Water View GULF VIEW, SOUND VIEW
Waterfront Feature BEACH

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32566

Price
AVG $420K
$20M
Visits
AVG 27
177

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