1340 S S County Hwy 283, Santa Rosa Beach, FL 32459

$1,950,000
List Price
$1,950,000
Days on Market
57
MLS#
909770
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size
22,651
Neighborhood
1704 - Hwy 83 to Hwy 283

Property Description

DEVELOPMENT ORDER 'IN HAND' and approved by Walton County for the development of a 3,552 SF retail plaza in Grayton Beach, Florida, known as 'The Shops of Grayton'! Exceptional and rare commercial parcel located on the corner of County Road 283 and Arbor Lane in Grayton Beach of Santa Rosa Beach, Florida, oriented just North of the crossroads at Scenic 30A and County Road 283. Measuring approximately .43 acres with outstanding visibility from its approximate 163' fronting the most preferred route connecting Highway 98 with Scenic 30A in South Walton County, this prime vacant parcel is zoned Village Mixed Use (aka VMU), through which Walton County, Florida land use / zoning offers broad highest and best uses catering to new development in a coveted area profoundly constrained by a... lack of developable land, as a predominant radius surrounding the subject area is undevelopable Point Washington State Forest. Nonetheless, the existing development order has significant value, as it would take a buyer / developer a minimum of 1+ year to entitle this site much the same, coupled with extraordinary costs associated with the civil engineering, environmental, utility fees, geotechnical, Walton County fees, and architectural plans. Please inquire for further details.

Additional Information

Acres
0.52
Association
Emerald Coast
Elementary School
Dune Lakes
High School
South Walton
Legal Description
Walton County, Florida Parcel ID: 08-3S-19-25220-000-0260
Lot Access
County Road, Paved Road
Lot Dimensions
163' x 178' x 140' x 93'
Lot Features
Survey Available
Middle School
Emerald Coast
Neighborhood
1704 - Hwy 83 to Hwy 283
Subdivision
Grayton Beach

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Somers & Company.

Vendor Member Number : 28166