Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.23 acres
RARE WEST END DEVELOPMENT OPPORTUNITY! Attention Builders and Investors, Lock in these buildable home lots for $672,800. today. R2 zoning allows you to build 3 homes across these parcels, your land cost drops to an unbeatable $224,266 per house lot! No HOA: Complete architectural freedom to build high-occupancy Airbnb/VRBO floor plans with no architectural review committee. Water Views: Vertical layouts capture overlapping views of the Gulf and the adjacent natural pond. Public Sewer Access: Skip the five-figure costs and footprint limits of coastal septic systems. Easy walking/golf-cart distance to the beach, the Carousel, and Thomas Donut & Snack Shop. Secure the bundle today and maximize the best pro-forma per-door land price on the West End. Proof of funds or builder pre-approval required. Short-term seller financing considered for qualified buyers. The Shovel-Ready Margin Potential: All-In Cost: ~$1.63M (Includes $672,800 land, $910,000 build budget for ~3,500 total sq ft, and $55,000 for permits/fees) estimated. The Exit Value: $2,040,000+ total portfolio retail value based on recent West End sales possibilities. The Profit Potential: Net over $400,000 in gross profit (~24.5% margin) by mobilizing one crew for anticipated gains. Agents standing by, call now.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Level, See Remarks, Waterfront
-
Lot Size(acres)
0.23
-
Lot Size(square feet)
10,018
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$672,800
-
Tax Amount
$2,409.15
-
Zoning
County, Resid Multi-Family, Resid Single Family, Unrestricted
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
West Bay
-
Middle School
Surfside
-
High School
Arnold
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Location
County
Bay
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Listing Courtesy of Krista R Navarro , Gulf Real Estate
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