The sellers have recently completed the long process of a land use change and finalized a developer agreement with Walton County. The 10 acres fronting Chat Holley Road has a land use category of neighborhood commercial. The balance of the property can be developed into single-family lots at 2 units an acre. The neighboring 170 acres is also for sale at $36,000 an acre. The seller also owns 50 acres at the end of Veterans Rd. and is zoned infill and priced at $88,000 an acre. The property is now ready for a developer to devise a Planned Unit Development Agreement. Seller will not consider offers or counter offers until November 15th.Call listing agent for a copy and to discuss the Developer Agreement.See drawing in documents tab for a detailed view.
Listing courtesy of Keller Williams Realty Destin.