12160 Highway 98, Panama City Beach, FL 32413 (MLS# 626265)

12160 Highway 98, Panama City Beach, FL 32413

$2,050,000

Property Type: Residential Land Status: Sold

Current Price: $2,050,000 List Date: 11/20/2014 Last Modified: 9/30/2024

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. Active Dvlpmnt Order: Y ZONING: NPA/TND

Listing Details MLS# 626265

Location

Street #: 12160
Street Name: Highway 98
Area: 12 – Walton County
State: FL
Zip Code: 32413
County: Walton
Sub Area: 1209 – Walton – Rosemary Beach
Subdivision: Rosemary Beach
Community/Resort: None
Parcel ID: 26-3S-18-16000-002-0060
Elementary School: Other
Middle School: Other
High School: Other
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.
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'

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: 1050

Status Change Info

Under Contract Date: 2014-05-14
Sold Date: 2014-10-14

Listing Info, Tax & Legal

HOA Fee: No

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

More Information

Present Zoning

Other – See Remarks: Yes

Utilities

None: Yes

Property Features

Utilities: None Present Zoning: Other – See Remarks

Listing Office: Century 21 Blue Marlin Pelican

Last Updated: September – 30 – 2024

Information deemed reliable but not guaranteed.