$2,850,000

Parcel # 22-2S-26-0000-01712-0000 and parcel # 22-2S-26-0000-00700-0000 are included in this listing over 4 acres. A development order is in place with Santa Rosa County. The larger parcel is zoned HCD. The development order allows for 37 cottages and an office building/club house with swimming pool. The property extends to the beautiful Santa Rosa Sound with views of Santa Rosa Island. The submerged land lease is also in place allowing a boat dock with multiple slips. The waterways allow you to reach the Gulf of America by watercraft. The property is about 10 minutes away to Navarre Beach by watercraft or vehicle. This is an excellent location to be developed as a family/friends private oasis or a commercial venture with no short term rental restrictions! There are endless possibilities! Equitable Interest-Listing salesperson and owners are all licensed real estate agents in the state of Florida. There are two parcels included in this listing and will not be separated. The development order includes both parcels. The road/easement from HWY 98 is a shared access road/easement with the adjacent HWY property which is a separate owned parcel that is not included with the sale