7 Acres County Road 283, Santa Rosa Beach, FL 32459 (MLS# 748421)

7 Acres County Road 283, Santa Rosa Beach, FL 32459

$7,632,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 304,920 Status: Sold

Current Price: $7,632,000 List Date: 3/14/2016 Last Modified: 10/12/2024

Overview

Description

ACTIVE DEVELOPMENT ORDER for a PRIME & RARE Development Project in the renowned Grayton Beach market of South Walton County, Florida & Scenic 30A! The subject +/-7.35 acre site, surrounded by State Forest on three sides, contains well over $1m in existing infrastructure and is fully approved and ready for the vertical construction of the Grayton Grand Hotel & Condominiums. The Development Order approves 173 total units; 75 of which will be luxury hotel rooms, 20 luxury lockout condominiums, 58 one-bedroom condominiums, and 20 two-bedroom condominiums; plus a rooftop terrace, resort-style pool with cabanas, wedding reception space & bridal suites, retail space, restaurant space, fitness center & spa, 112 covered parking spaces, 199 surface parking spaces, meeting space & a business center.

Supplements: The Grayton Grand site is located between Panama City Beach to the east and Destin to the west, and within 45 minutes of two commercial airports [Fort Waltonâ€ˆBeach (VPS) and Northwest Florida Beaches International Airport (ECP) in Panama City Beach], as well as the private Destin airport. The area is also a major drive-to destination, drawing ... (Read more)

Listing Details MLS# 748421

Status Change Info

Under Contract Date: 2016-05-23
Sold Date: 2016-10-03

Contract Info

Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East
Street #: 7 Acres
Street Name: County Road 283
State: FL
Zip Code: 32459
County: Walton
Parcel ID: 08-3S-19-25000-004-0030

General Property Info

Listed on GCCMLS: No
Vacant: Yes
Immediate Occupancy: No
Acreage: 7
Lot Frontage: 675
Zoning: Commercial
Future Land Use: Village Mixed Use

More Information

Location, Tax and Legal

Sub Area: 1802 - S. of 98 W of Camp Creek
Property Name: Grayton Grand Hotel & Condos
Legal Description: N2 OF SE4 OF NE4 OF SEC 8 LYING E OF CR 283 LESS AND EXCEPT DESC PARCEL: BEG NE/C OF SE4 OF NE4, N BDRY THEREOF N 88 DEG 07'59'' W OF 497.55 FT TO A PT ON ESLY R/W OF CR 283, DEPART N BDRY AND ON ESLY R/W S 32 DEG 38'33'' W 108.20 FT, DEPARTING ESLY R/W S 57 DEG 21'33'' E 649.44 FT TO A PT ON E BDRY OF SE4 OF NE4, E BDRY N 01 DEG 10'57'' E 425.28 FT TO POB OR 1904-254 OR 2970-1127

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: ACTIVE DEVELOPMENT ORDER for a PRIME & RARE Development Project in the renowned Grayton Beach market of South Walton County, Florida & Scenic 30A! The subject +/-7.35 acre site, surrounded by State Forest on three sides, contains well over $1m in existing infrastructure and is fully approved and ready for the vertical construction of the Grayton Grand Hotel & Condominiums. The Development Order approves 173 total units; 75 of which will be luxury hotel rooms, 20 luxury lockout condominiums, 58 one-bedroom condominiums, and 20 two-bedroom condominiums; plus a rooftop terrace, resort-style pool with cabanas, wedding reception space & bridal suites, retail space, restaurant space, fitness center & spa, 112 covered parking spaces, 199 surface parking spaces, meeting space & a business center.

Class

Land: Yes

Construction Status

Under Construction: Yes

Property Features

Class: Land Construction Status: Under Construction

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.