Lot 7 Goldsby Road, Santa Rosa Beach, FL 32459

$699,000
List Price
$699,000
MLS#
805795
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size
435,600
Neighborhood
1601 - Mack Bayou

Property Description

Rare opportunity to purchase 10 acres in Santa Rosa Beach. The site is the ideal location for a residential or commercial development with its prime location being within one mile east of the Sacred Heart Hospital, Publix, and the Grand Boulevard shopping center. The Santa Rosa Beach area is a highly sought after market to reside with its affluent demographics, shopping, entertainment, and being minutes to the white sand beaches of Walton County. Utilities needed for permissible development, including water and sewer, are presently at the site or are available in the immediate area for connection. The topography of the parcel is level and the size of the parcel is sufficient to allow for a variety of uses. The current zoning of the parcel is CR-2 Conservation Residential which allows for 2 dwellings per acre and for 40% of the property to be cleared. Given the emerging market conditions and location of the property, another suitable potential use of the property would be for a commercial development if the future owner were to mitigate/fill the existing wetland areas and apply for the zoning change to General Commercial. Allowable uses under the General Commercial land use category include offices, retail, wholesale, lodging, restaurants, shopping centers, medical facilities, commerce parks, repair shops, among other similar type uses. Residential uses are allowed in the form of Mobile Home Parks and Multi-family apartments. The site has approximately 330' of frontage on Goldsby Road. The boundary survey, as well as USDA Fish and Wildlife National Wetlands Mapping and Walton County GIS Mapping indicate that approximately 23% of the property is comprised of wetland area and approximately 7.74 acres of the site are uplands.

Additional Information

Acres
10
Association
Emerald Coast
Elementary School
Van R Butler
High School
South Walton
Legal Description
LOT 7 SANTA ROSA PLANTATION OR 3038-884
Lot Dimensions
131x340
Middle School
Emerald Coast
Neighborhood
1601 - Mack Bayou
Subdivision
Santa Rosa Plantation

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Listing courtesy of Keller Williams Realty Destin.