12160 Highway 98, Panama City Beach, FL 32413 (MLS# 625947)

12160 Highway 98, Panama City Beach, FL 32413

$2,050,000

Property Type: Commercial Land Status: Sold

Current Price: $2,050,000 List Date: 11/11/2014 Last Modified: 10/08/2024

Overview

Description

Perfect Hotel site with Hwy 98 frontage totaling over 1050 feet! This parcel is located on the Northwest corner of the Rosemary Beach community. Zoned NPA/TND…development order is complete and current site plan available. Site plan includes 12,000 sq. ft. of retail and 5400 sq. ft. restaurant. **7+/- acres *Access from Hwy 98 and 30A **Traffic Fees have been paid **Beach Access **4-story height restriction. Listing agent is related to the Seller. Agent to Agent Rmrks: Rosewood is very unique and can accommodate anything from a hotel to village mixed use (condos, apartments, restaurants, etc.). Development order is in place for 96 units (any changes would need to go through a minor amendment to the current Development Order. Conceptual site plan for hotel, retail/office space, and

Supplements: more Agent to Agent Rmrks: This parcel has Gulf access and development order in place. With all the current building being done on 30A and 98 this parcel is a must have

Listing Details MLS# 625947

Location, Tax & Legal

Street #: 12160
Street Name: Highway 98
State: FL
Zip Code: 32413
County: Walton
Area: 12 – Walton County
Subdivision: No Named Subdivision
Parcel ID: 26-3S-18-16000-002-0060
Legal Description: COM NW/COR OF SW1/4 OF SEC 26 S 89 DEG 09'57'E, ALG N LINE OF SOUTH 1/2 OF SEC, 3010.44 FT TO INTERSECTION SAID LINE WITH SLY R/W ST RD 30/US HWY 98, DPRT SAID N LINE, PRCD ALG SLY R/W LINE, S 37 DEG 23'18'E 926.62 FT TO POB; S 37 DEG 23'
Sub Area: 1213 – Walton – Other
Community/Resort: None
Directions: On the South side of Hwy 98, East of C.R.30A. Property is approximately 3.5 miles West of the Bay/Walton Cty Line. Situated on the Northern edge of Rosemary Beach.
HOA Fee: No

Contract Info

Sub-Type: Land/Acres

General Property Info

Frontage Feet: 1050

Status Change Info

Under Contract Date: 2014-05-14
Sold Date: 2014-11-08

Remarks & Misc

Remarks: Perfect Hotel site with Hwy 98 frontage totaling over 1050 feet! This parcel is located on the Northwest corner of the Rosemary Beach community. Zoned NPA/TND…development order is complete and current site plan available. Site plan includes 12,000 sq. ft. of retail and 5400 sq. ft. restaurant. **7+/- acres *Access from Hwy 98 and 30A **Traffic Fees have been paid **Beach Access **4-story height restriction. Listing agent is related to the Seller. Agent to Agent Rmrks: Rosewood is very unique and can accommodate anything from a hotel to village mixed use (condos, apartments, restaurants, etc.). Development order is in place for 96 units (any changes would need to go through a minor amendment to the current Development Order. Conceptual site plan for hotel, retail/office space, and

Financing

Other – See Remarks: Yes

More Information

Lot/Parcel Access

Other – See Remarks: Yes

Utilities

None: Yes

Sale Type

As Is: Yes

TransportationAccess

Other – See Remarks: Yes

Property Features

TransportationAccess: Other – See Remarks Financing: Other – See Remarks Sale Type: As Is Utilities: None

Listing Office: CENTURY 21 AllPoints Realty

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.