$2,750,000
Destin, FL 32541
MLS# 772445
Status: Sold
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Property Description
Development property located in the heart of Destin just across from Destin Airport. The proposed Old Bay Village Ph II is platted for 68 Town home units and 2 three story condo buildings with 18 units each. (68 Town homes, 36 Condo units) Streets and some utilities are already in place. This is an exceptional opportunity to pick up a development in the center of Destin. Buyer to verify any and all pertinent information including but not limited to zoning, concurrency, development and plan approval status.
Details
Documents
Status Change Info
Sold Price/Acre: 352112.68
Status: Sold
Under Contract Date: 2017-12-12
Sold Date: 2017-12-29
Sold Price: $2,750,000
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 448143.41
List Date: 2015-07-31
List Price: $3,500,000
Location, Tax and Legal
Sub Area: 1403 - Destin Northwest
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: Exact legal TBD, Project consists of Old Bay Village PH 2 Lots; 1 through 69 and common areas.
General Property Info
Sub-Type: Vacant Land
Acreage: 7.81
Mineral Rights: No
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Development property located in the heart of Destin just across from Destin Airport. The proposed Old Bay Village Ph II is platted for 68 Town home units and 2 three story condo buildings with 18 units each. (68 Town homes, 36 Condo units) Streets and some utilities are already in place. This is an exceptional opportunity to pick up a development in the center of Destin. Buyer to verify any and all pertinent information including but not limited to zoning, concurrency, development and plan approval status.
Lot Features
Aerials/Topo Availbl: 1
Within 1/2 Mile to Water: 1
Lot Access
City Road: 1
Utilities
Community Sewer: 1
Community Water: 1
Electric: 1
Zoning
Resid Multi-Family: 1
None
Current Price: $2,750,000
Location Tax and Legal
Street #: 400
Street Name: Mattie M. Kelly
Street Suffix: Boulevard
Area: 14 - Destin
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: OLD BAY VILLAGE PHASE II
Parcel ID: 00-2S-22-1124-0000-0690
Property Features
Lot Access: City Road
Lot Features: Aerials/Topo Availbl; Within 1/2 Mile to Water
Zoning: Resid Multi-Family
Utilities: Community Sewer; Community Water; Electric
OBV Site Plan Listing Office: J Watts Properties Inc
Last Updated: November - 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.
