2032 Fl-87 Navarre, FL 32566
- Land
- 3.18 lot acres
Current Use by Public Records
- Land
Property Details for 2032 Fl-87
- Lot size
- 3.18 lot acres
- Property type
- Land
Description
This exceptional 3.18-acre commercial land parcel presents a unique investment opportunity in the thriving coastal town of Navarre, Florida. Located on Highway 87, it boasts 200 feet of frontage, ensuring high visibility and accessibility. Its strategic location, less than half a mile from Navarre Beach and under 20 miles from I-10, offers unparalleled convenience. Zoned for Highway Commercial Development (HCD), this property is ideally suited for a variety of uses, including RV parks, residential communities, hotels, retail spaces, restaurants, or recreational facilities. Extensive groundwork has already been completed, including rezoning, surveys, soil testing, wetlands delineation, lot clearing, and the creation of two retention ponds. Site plans for an RV lot are approved, and groundwork for a clubhouse has begun, significantly reducing development time and costs. This turnkey opportunity allows for immediate development, capitalizing on Navarre's rapid growth and strong tourism sector. Access is easily provided via Laredo Street. The asking price is $1,800,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Navarre
- County
- Santa Rosa
- State
- Florida
- Longitude
- -86.8699
- Latitude
- 30.4108
