High-and-Dry Mixed-Use Development
For Sale
$1,960,000
15 Fifth St, Destin, FL 32541
High-and-dry development site in an entitled master-planned PUD with options for sale, ground lease, or build-to-suit.
Property SizeContact for details
Lot Size1.50 Acres
Days on Market759
Property Features for 15 Fifth St
General Information
Standard status
Active
Lot size
1.50 Acres
Zoning
PUD
Site & Location
Traffic Count
53,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Taylor Allen Properties LLC
(850) 865-9123
Listed By:
Brett D Stuart · License #678851
(850) 865-9123
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 10
Last Checked: Aug 12 at 12:06PM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Property Analytics
Property Profile
Current Use
Lease Details
53,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Explore this area
Business Placement
Demographics for 32541, FL
18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
