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    High-and-Dry Mixed-Use Development Land Title is generated by Realmo AI

    15 Fifth St, Destin, FL 32541

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    For Sale
    $1,960,000

    High-and-dry development site in an entitled master-planned PUD with options for sale, ground lease, or build-to-suit.

    Lot size:
    1.50 Acres
    Added:
    Jul 15, 2024
    Days on Market:
    713
    Last Refresh:
    Jun 22 at 2:10 am

    Property Features for 15 Fifth St

    General Information

    Standard status
    Active
    Lot size
    1.50 Acres

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    Brett D Stuart
    Brett D Stuart

    Listing office Taylor Allen Properties LLC

    Listing date Jul 15, 2024

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Taylor Allen Properties LLC

    HighLights

    • 1.5‑acre high‑and‑dry commercial/mixed‑use development parcel in Miramar Beach, FL
    • Part of a 6.06‑acre tract along US Highway 98 with FDOT 2023 traffic count over 53,000 cars/day
    • Seller considers sale, ground lease, or build‑to‑suit
    • Located in a master‑planned PUD with mixed‑use density entitled
    • Frontage outparcels at about $30/SF; rear parcels about $24/SF
    • Offsite retention designed to create more buildable square footage

    Overview

    This high-and-dry commercial land parcel totals 1.5 acres and is part of an overall 6.06-acre tract. The site is being offered as part of a master planned PUD with mixed-use density that is entitled, and offsite retention is noted as creating additional buildable square footage.

    The property is described as sitting along Highway 98 with a stated FDOT 2023 traffic count of over 53,000 cars per day. The remarks also indicate frontage outparcels and rear parcel pricing benchmarks, supporting that the site is positioned for a mixed development layout.

    The seller is willing to entertain multiple structures, including a sale, a ground lease, or a build-to-suit arrangement. This configuration can be attractive for developers and operators seeking an entitled mixed-use framework and a high-and-dry site condition, while planning around the available buildable area created through offsite retention.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    County
    Walton
    State
    Florida
    Longitude
    -86.494179
    Latitude
    30.406115

    FAQs

    What type of property is this?
    Commercial land - High-and-dry development site in an entitled master-planned PUD with options for sale, ground lease, or build-to-suit.
    Where is this commercial land located?
    The property is located at 15 Fifth St Destin, FL.
    What is the asking price?
    The asking price for this property is $1,960,000.
    What are key features of this property?
    This property features: 1.5‑acre high‑and‑dry commercial/mixed‑use development parcel in Miramar Beach, FL; Part of a 6.06‑acre tract along US Highway 98 with FDOT 2023 traffic count over 53,000 cars/day; Seller considers sale, ground lease, or build‑to‑suit
    More about this property
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