110 Acres S Chat Holley Rd, Santa Rosa Beach, FL 32459

$3,960,000
List Price
$3,960,000
Days on Market
13
MLS#
855406
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size
4,791,600
Neighborhood
1607 - Chat Holly to Hwy 98

Property Description

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.

Additional Information

Acres
110
Association
Emerald Coast
Elementary School
Van R Butler
High School
South Walton
Legal Description
25-2s-20-33190-000-0640; 25-2s-20-33190-000-0260; 25-2s-20-33190-000-0280
Lot Dimensions
See Survey
Middle School
Emerald Coast
Neighborhood
1607 - Chat Holly to Hwy 98

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Destin.