10+ Acres 270' On Beach;Extends To Hwy98 Circle, Miramar Beach, FL 32550

$20,000,000
List Price
$20,000,000
MLS#
802123
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size
469,576
Neighborhood
1504 - Miramar Beach Southeast

Property Description

Rare and irreplaceable generational estate now offered for sale! This incredible 10.78-acre private compound features 270' of unimpeded shoreline on the Gulf of Mexico in Miramar Beach, Florida! Designated ''Coastal Center'' under Walton County's F.L.U.M., this unique property could make an amazing trophy property for a discerning family, or it could present a variety of (re)development opportunities, perhaps to include a boutique hotel, condominiums, and single-family homes.The existing residence, known as Casa Lauren, is oriented on 135' of the total 270' beach-front expanse. Please inquire for further details. Showings are by advanced appointment only. Buyer(s) must verify the accuracy of all information and specifications. The subject offering includes (4) contiguous parcels.

Additional Information

Acres
10.78
Association
Emerald Coast
Elementary School
Van R Butler
High School
South Walton
Legal Description
COM NW/C OF SEC 34, S 88 DEG 45'00 E ON N LINE OF SEC 34 590.00 FT DEPART N LINE S 01 DEG 32'24 W 983.14 FT TO POB, S 88 DEG 27'36 E 135 FT, S 01 DEG 32'24 W 786 FT MOL TO A PT OF INT W/MHWL OF THE GULF OF MEXICO, NWLY ON MHWL, DIST 137 FT MOL TO PT OF INT W/LINE PASSING THROUGH THE PT OF BEG S 01 DEG 32'24 W DEPARTING MHWL N 01 DEG 32'24 E 773 FT MOL TO POB OR 1860- 334
Lot Access
Private Road
Lot Dimensions
270x1740
Lot Features
Addl Land Available, Within 1/2 Mile to Water
Middle School
Emerald Coast
Neighborhood
1504 - Miramar Beach Southeast
Subdivision
The Pennington Estate
Waterfront
Gulf
Water Frontage
270

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Calculator source: Real Geeks

Listing courtesy of Somers & Company.