$2,450,000
Active
26 Days Online
18 Beds18 Baths7,380 SQFT
Active

7885 Gulf Boulevard #1-12Navarre, FL 32566

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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.

  • Property TypeCondo
  • NeighborhoodSandollar Condo (Terminated)
  • CountySanta Rosa
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site26 Days
  • MLS StatusActive
  • MLS ID Number947273
  • Home Size Source Plans
  • Year Built1985
  • Lot Size Acres
  • Full Baths18
  • Partial BathsN/A

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General Features

  • Style N/ A
  • Sewer Public Sewer
  • Number of Stories 3
  • Water Public
  • Property Sub Type Condominium
  • Utilities Electricity AvailableCable Available

Interior Features

  • Interior Needs Work

Exterior Features

  • View GulfGulf/ Pass
  • Pool Features NoNone
  • Waterfront Property Yes
  • Waterfront Features GulfGulf/ PassShore - BeachShore - Natural
  • Exterior Needs Work

Community Features

  • Community Features BeachElevatorsLeaseholdWaterfront
  • MLS Area 11 - Navarre/Gulf Breeze

Schools

School District
Unknown
Elementary School
Holley-Navarre
Middle School
Holley-Navarre
High School
Navarre

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Monthly Payment (Est.)

$13,159
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