$9,320,000
Destin, FL 32541
MLS# 729778
Status: Sold
1 / 25
Property Description
A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...
Details
Documents
Contract Info
Listing Board: Emerald Coast
List Date: 2015-05-14
List Price: $11,690,000
Location, Tax and Legal
Sub Area: 1403 - Destin Northwest
Property Name: FNB Bank Site & 15+ Acres
Legal Description: (4) contiguous parcels of Okaloosa County, Florida, as follows:
Parcel 1: 00-2S-22-0000-0001-A13E
AND
Parcel 2: 00-2S-22-0000-0001-A13J
AND
Parcel 3:00-2S-22-0000-0001-A090
AND
Parcel 4: 00-2S-22-0000-0001-A080
General Property Info
Listed on GCCMLS: No
Office Class: Vacant, three-story, +/-20,352 sf bank building located on Okaloosa County, Florida Parcel ID: 00-2S-22-0000-0001-A13E
Vacant: Yes
Immediate Occupancy: Yes
Zoning: Please Inquire
Future Land Use: Mixed-Use & Commercial & Gulf Resort Mixed-Use
Acreage: 17.35
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...
Class
Land: 1
Construction Status
Existing: 1
Land
Property Type: Commercial
None
Current Price: $9,320,000
Status Change Info
Status: Sold
Under Contract Date: 2015-11-24
Sold Date: 2016-08-24
Sold Price: $9,320,000
Location Tax and Legal
Area: 14 - Destin
Street #: 17005
Street Name: EMERALD COAST
Street Suffix: Parkway
State: FL
Zip Code: 32541
County: Okaloosa
Parcel ID: 00-2S-22-0000-0001-A13E
Property Features
Class: Land
Construction Status: Existing
Supplements
Walmart is located to the West, two apartment communities to the North, and Home Depot and Publix to the East; directly to the South, Destin's crown jewel, Henderson Beach State Park. This assemblage will allow for mixed uses including multifamily, retail, office, hospitality, and special purpose. Significant civil engineering work has been completed. Please inquire for further details. Buyer must verify all data and specifications. The sales contracts and closings of each respective parcel shall be contingent upon the simultaneous closings of all related parcels.
Commons Drive area plan Listing Office: Somers & Company
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
