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Gulf Breeze Parkway
Gulf Breeze, FL 32563

1.43 AC Vacant Commercial HCD · Land For Sale · 1.31 AC

Investment Highlights

  • Prime corner lot with frontage on Gulf Breeze Parkway, the main commercial corridor in the area.
  • Located 5 minutes from Walmart, Walgreens, Lowes, and other retailers.
  • Directly on the way to Destin, one of the region's top tourist destinations.
  • The growing area also has a Publix-anchored center under construction 10 minutes away and is expected to finish in late 2022.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Repair
  • Bank
  • Bar
  • Convenience Store
  • Daycare Center
  • Fast Food
  • Healthcare
  • Hold For Investment
  • Hotel
  • Medical
  • Motel
  • Self Storage
  • Trailer or Camper Park
Total Lot Size 1.31 AC

Description

1.43 acre Corner Lot (~1.41AC PLUS OR MINUS UPLANDS), Due Diligence Docs on File Survey completed. Comprising 1.43 AC with 160' frontage on Highway 98 and 359' depth located at the Summerset Estates neighborhood entrance. 2020 FDOT traffic data reveals 31,500 average annual daily traffic. This lot is located within 15 minutes from Target, Walmart, and Publix once it finishes construction in late 2022. Gulf Breeze Parkway directly runs into Destin, which is one of the most popular tourist destinations in the United States. It is also located directly in-between two of the largest Air Force bases, which drives up the traffic count. Decel and turn lane from eastbound Hwy 98 already in place with cut-through to westbound lanes, plus curb cut at side entrance of Twin Pine Blvd. This positioning lends itself especially to neighborhood-serving or similar commercial operations, being that Summerset Estates consists of approximately 100 homes with an average retail value of ~$400,000. HCD Commercial zoning wide range of uses including Residential (10 units / gross acre), Single Family Residential with conditions, RV Park, Restaurant & Eatery, Hospitality, Retail, Distillery, Duplexes, Educational, Financial, Gas Station, Theater, Kennel, Landscaping, Nursery, Limited Manufacturing, Medical, Medical Marijuana, Nursing Home, Professional, Grooming, Self Storage, Travel Trailer Parks, and the list goes on.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-2S-27-0000-02700-0000
Land Assessment
$245,184
Improvements Assessment
$0
Total Assessment
$245,184

zoning

Zoning Code HCD Commercial
HCD Commercial
  • Listing ID: 25393780

  • Date on Market: 4/4/2022

  • Last Updated:

  • Address: Gulf Breeze Parkway, Gulf Breeze, FL 32563

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