MLS# 505092
One of the most desirable commercial parcels in Santa Rosa County. The County has zoned the 16.5 acres as a Multifamily and Commercial PBD( Planned Business District). There is a total of 11.55 acres to be classified as multifamily with a density authorized by the county at 219 units. This parcel is high and dry and cleared except for a conservation area of 1.89 acres to be included and incorporated in the multifamily section. The balance of 4.95 acres is classified as Commercial and can be divided up any way in the Master Plan to be presented to the county for any development. Water and sewer lift stations are on property and possible stop light could be installed at Reserve Boulevard for much added value to the property. This Bank owned property is priced well below a conservative current value.
Possible financing available with strong buyer.
This parcel is ideal for a developer to hold and build or investor to hold and sell!
CHRIS STAPLETON
Agent Cell Ph: (850) 259-0411
Office Ph: 850-939-1099
chrisell@bellsouth.net