Price	$5,950,000
Beds
Baths
Home size	sq ft
Lot Size	499X296X499X296
Days on Market	123

(56) UNITS SCENIC 30-A, SANTA ROSA BEACH, FL 32459 (MLS # 606176)

Phase II of Old Florida Village is a premier, fully entitled, shovel-ready, development project with a development order and according infrastructure already installed and in place, which will service (56) units of mixed-use density (commercial and residential condominiums) along Northwest Florida's renowned scenic corridor known as Scenic 30-A in Santa Rosa Beach! Comprised of approximately 3.4 prime acres with an excellent grade above the scenic roadway's crest, the building site is located within a short walk to (3) beach walkovers. Many of the residential condominium units on the second and third floors will enjoy fabulous views of the Gulf of Mexico! The seller, an acclaimed developer and builder, has taken great pride in delivering the very best in infrastructure, which includes over $1,500,000.00 in site improvements! An additional value of almost $300,000.00 will convey through prepaid water and sewer taps. This is a unique opportunity to immediately begin building new inventory for a phenomenally successful submarket that is currently experiencing dwindling inventory levels and very few projects that have the capability of such quick delivery of end product that will include one, two, and three bedroom condominiums, as well as commercial space on the first floor that would be ideal for retail; and office condominiums located on the second floors. Much like the sales success of Phase I of Old Florida Lakes, Phase II will not only cater to the resort market, but the large floorplans will be enjoyed by primary homebuyers looking for a full time condominium residence in one of the most desired areas of the United StatesSouth Walton County of the Emerald Coast of Florida! All the architectural and civil plans will convey to the buyer. There are a total of (6) buildings, each containing a building permit that can be extended, thus allowing the developer/builder to phase in the project according to end product sales absorption. The site is located in the most marketable of all flood zones, x. Phase II owners will also enjoy shared use access to the existing two pools in Phase I. The subject utility providers are as follows: Chelco, Regional Utilities, Okaloosa Gas, Sprint, and Mediacom. The appraised value of this project in 2009 was $7,750,000.00!

Property Type(s): E

Last Updated	Oct 11, 2013	Stories
Year Built		Community	OLD FLORIDA VILLAGE
Garage Spaces		County	WALTON
Total Parking		Walk Score ®

Additional Details

Acres	3.403000	Assoc Dues	E
Assoc Term	E	County
Cross Streets		Lot #
Lot Dimensions	499X296X499X296	TGNO
Model Code		Model Name
# Garages		Stories
AP #		Tract #

Features

Energy
Construction Status
Construction
Style
Appliances
Exterior
HOA Included	E
Interior
Leases
Room Descriptions
Parking
Facilities	E
To Show
Utilities	Electric Available, Phone Available, Public Sewer Available, Public Water Available, Tap Fee Paid
Waterfront
Water View	Gulf
Internet	All, REALTOR.Com, Local MLS Public Site, NWFDailyNews.com/Freedom.com, PNJ.com/HomeFinder.com
Sale Type

Location

Listed with Somers & Company

View all details for: MLS # 606176

Listing information deemed reliable but not guaranteed. Read full disclaimer.