17005 EMERALD COAST Parkway, Destin, FL 32541 (MLS# 729778)

17005 EMERALD COAST Parkway, Destin, FL 32541

$9,320,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 755,766 Status: Sold

Current Price: $9,320,000 List Date: 5/14/2015 Last Modified: 10/12/2024

Overview

Description

A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...

Supplements: Walmart is located to the West, two apartment communities to the North, and Home Depot and Publix to the East; directly to the South, Destin's crown jewel, Henderson Beach State Park. This assemblage will allow for mixed uses including multifamily, retail, office, hospitality, and special purpose. Significant civil engineering work has been comple ... (Read more)

Listing Details MLS# 729778

Status Change Info

Under Contract Date: 2015-11-24
Sold Date: 2016-08-24

Contract Info

Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 17005
Street Name: EMERALD COAST
Street Suffix: Parkway
State: FL
Zip Code: 32541
County: Okaloosa
Parcel ID: 00-2S-22-0000-0001-A13E

General Property Info

Listed on GCCMLS: No
Office Class: Vacant, three-story, +/-20,352 sf bank building located on Okaloosa County, Florida Parcel ID: 00-2S-22-0000-0001-A13E
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 17.35
Zoning: Please Inquire
Future Land Use: Mixed-Use & Commercial & Gulf Resort Mixed-Use

More Information

Location, Tax and Legal

Sub Area: 1403 - Destin Northwest
Property Name: FNB Bank Site & 15+ Acres
Legal Description: (4) contiguous parcels of Okaloosa County, Florida, as follows: Parcel 1: 00-2S-22-0000-0001-A13E AND Parcel 2: 00-2S-22-0000-0001-A13J AND Parcel 3:00-2S-22-0000-0001-A090 AND Parcel 4: 00-2S-22-0000-0001-A080

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: A highly coveted and prime +/-17.35 acre assemblage of (4) contiguous parcels located in the heart of Destin, Florida! Parcel 1 is located in Okaloosa County and enjoys a high profile signalized intersection yielding 260' on Hwy. 98, measuring +/-2.34 acres, and containing an existing 20,000+ sf vacant bank building w/drive-through. Contiguous Parcels 2 and 3, located in the City of Destin, measure +/-15 acres and offer high density zoning known as Gulf Resort Mixed Use. The entitlements of this assemblage, which is likely the last of its kind in Destin based on scale, are of major significance and extreme value...

Class

Land: Yes

Construction Status

Existing: Yes

Property Features

Class: Land Construction Status: Existing

Documents

Commons Drive area plan ›

Listing Office: Somers & Company

Last Updated: October - 12 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.