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Navarre Real Estate Blog


August 8, 2007

**January 7, 2008- This parcel has been reduced to $4,000,000**


I will begin with a listing I have on Highway 98 in Navarre. The property is 16.28acres and is zoned Public Business District. This means that the county has determined that the best and highest use for this parcel of land is for commercial OR residential purposes For a land developer, this is the ideal and best zoning for any parcel of land.

I have market studies that confirm that the economy of Navarre/Gulf Breeze can support a national restaurant, big box retailer and/or hotel on this piece of land. Feasibiliy studies for a senior care living center and apartment complex have also been done.

To the left, you will find the letter from the county that verifies a maximum of 216 units can be built on this property. Remember, that could be 216 vacant lots/home sites or 216 condo units, hotel rooms or retail spaces. At approximately 23k a lot, a residential developer/builder could purchase the land, develop the infrastructure and make quite a hefty profit by selling the lots or building spec homes.

Well, that was my first blog and I'm even including a video of the property for your viewing pleasure;)

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