Rare developer opportunity to purchase 23+/- acres of waterfront land located on Florida’s Emerald Coast. The 23+/- acre site is located in Navarre Beach on Santa Rosa Island. Santa Rosa Island is a strip of land connecting Pensacola Beach and Navarre with over 18 miles of pristine white sand beaches along the Gulf of Mexico and the Santa Rosa Sound. Zoned Navarre Beach Planned Mixed Use, the 23.24-acre tract is the premier development site for a high density residential and commercial development. Year after year, the Santa Rosa Island beaches are ranked as some of the best beaches in the nation. Top-rated schools, quality health care, and a stable economy make Navarre a great location to not only visit, but also call home. The site contains a total of 23.24 acres with approximately 1,800 feet of frontage along the Santa Rosa Sound and 1,250 feet of frontage along the north side of Gulf Blvd, the main thoroughfare in Navarre Beach (10,000 AADT). The NB-PMUD zoning allows for 30% of the development to be comprised of commercial uses and 70% of the development to be for residential uses. There is a maximum density of 30 residential units per acre. The owner has conceptual plans for a legally permissible mixed-used development consisting of 697 residential condominium units, 148 condo/hotel units, and 100,000 SF of commercial retail space. In addition, the owner also has conceptual plans for a potential 148 slip marina along the Santa Rosa Sound. The site would be an excellent location for an RV park and is an allowed use under the current zoning. Population continues to increase along with the demand for waterfront vacation destinations and condominium units. The current population in Santa Rosa County has grown by 19% in the last decade making it one of the fastest-growing counties in the US. Property can be split, pricing is as follows: Tract A: 11 acres = $7,500,000 Tract B: 12.24 acres = $7,500,000
0 GULF BLVD
Aug 30, 2018 (465 days)
1,012,334 sqft / 23.24 acres (approx)
AERIALS AVAILABLE, EASEMENT, SURVEY AVAIL, WILL DIVIDE
Information is deemed reliable but not guaranteed. Based on the information from the Pensacola Association of Realtors (PAMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation. Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Last updated on 2019-12-08.
A full-time Naples resident since 1981, Karen began her real estate career in 1983. Originally from Easton, Maryland, she holds a Bachelor’s of Science Degree in Business Administration from the University of Richmond, with concentration in Marketing and Finance.
Karen’s primary focus is to provide her clients market knowledge to better help them in the purchase or sale of their home. She has participated in over two billion in residential sales establishing herself as one of the top real estate professionals in the United States.With decades of experience in every tier of the Naples luxury market, Karen ranks in the top 25 percent among Wall Street Journal’s and Real Trends’ Annual Report of the Top 250 realtors in the United States.