0 County Highway 393 Santa Rosa Beach, FL 32459
This exceptional 9.75-acre parcel presents a unique development opportunity in Santa Rosa Beach, Florida. Located on Highway 393 North, this property boasts approximately 330 feet of road frontage and is situated less than a mile from the picturesque Choctawhatchee Bay. The land is primarily comprised of uplands, with some wetlands located towards the rear. Currently zoned Conservation/Residential, the property offers potential for low-density residential development, subject to obtaining necessary zoning and land use changes. Buyers are responsible for verifying lot dimensions, any applicable restrictions, utility availability, and all zoning requirements. The property's convenient location provides easy access to the beautiful Walton County beaches, approximately five minutes away. This wooded acreage offers a blend of natural beauty and development potential, making it an attractive investment in a highly desirable coastal location. The APN is 14-2S-20-33150-000-0500. The asking price is $1,495,000, translating to $15,333 per acre. The property is individually owned.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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