1455 Old Hwy 98 1-6

1455 Old Highway 98 1-6, Destin, FL 32541

$5,500,000

LOCATION! LOCATION! LOCATION! Are you tired of being behind curve? Wish you had bought that property when you had the chance? Well here?s your golden opportunity. 100 feet of Gulf Front. Right next door to the Whales Tail and Sapphire Beach. This location offers plenty of beach access. Walton County Beach Management is optimistic that restoration will begin by the beginning of December 2005 and be complete by Memorial Day, 2006. This Gulf-front lot comes with six 1600 sq ft townhomes all with garages. The outside of the townhome has had hurricane damage and is being conveyed unfurnished in ?as in? condition. Land use designation is defined as Coastal Center giving it the versatility to be developed on many levels. Maximum density is 8:1 with a height restriction of 50 feet.

5
beds

4
baths

Features & Amenities

Interior

total bedrooms5
Total bathrooms4
full bathrooms4

Area & Lot

Status Sold
TypeOther
YEAR BUILT1985

Financial

Sales Price$5,500,000

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"Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly." -Winston Churchill

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Darlene Kluck & Associates

Phone

(850) 865-7355

[email protected]

Address

34990 Emerald Coast Pkwy., #300 Destin, FL 32541

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