Entitled Topsail Village Drive, Santa Rosa Beach, FL 32459

$2,950,000
List Price
$2,950,000

Property Description

Entitled pad sites for the construction of a two-story freestanding restaurant fronting 30A, with office and special event space on the second floor. Also included in this opportunity is a prime site approved for a 39-key hotel! Topsail Village is a rare, fully entitled, mixed-use project situated along a highly desirable stretch of Scenic 30A in South Walton County, Florida. Phase I of the Village contains 4 existing, income-producing buildings, which include 36 hotel units in 2 buildings, a real estate office in one building, and Celebration Hall in another building. An Active Development Order for Phase II approves the construction of 2 additional income-producing buildings on the existing and valuable build-ready pad sites, which will eventually include 39 additional... hotel units. The matured site plan will encompass a total of 75 hotel units, an outparcel restaurant, office, and special events space accommodating 6,515 SF, an office building, chapel and reception hall (aka Celebration Hall), and a pool. Topsail Village is located less than a mile from a new Walton County beach-front park, which provides guests access to the scenic Gulf of Mexico, and less than 5-minutes to the retail, entertainment, and medical conveniences available at Grand Boulevard, Publix Supermarket, and Sacred Heart Hospital. Just 1/2 mile from the entrance to Topsail Village is Topsail Hill Preserve State Park, an ecological treasure trove encompassing 1,640-acres and additional access to one of the most fabulous beaches in America. Please inquire for further information. Buyer must verify all specifications and information. Seller is a Licensed Real Estate Broker in the State of Florida.

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Listing courtesy of Somers & Company.