10+ Acres 270' On Beach;extends To Hwy98 Cir, MIRAMAR BEACH, 32550

Residential Land - Residential Land For Sale in The Pennington Estate

$20,000,000

Beds
Baths
469,577Sqft
10.78Acres
Built
206DOM
MLS® #: 802123
Active, 206 Days on Market

Rare and irreplaceable generational estate now offered for sale! This incredible 10.78-acre private compound features 270' of unimpeded shoreline on the Gulf of Mexico in Miramar Beach, Florida! Designated ''Coastal Center'' under Walton County's F.L.U.M., this unique property could make an amazing trophy property for a discerning family, or it could present a variety of (re)development opportunities, perhaps to include a boutique hotel, condominiums, and single-family homes.The existing residence, known as Casa Lauren, is oriented on 135' of the total 270' beach-front expanse. Please inquire for further details. Showings are by advanced appointment only. Buyer(s) must verify the accuracy of all information and specifications. The subject offering includes (4) contiguous parcels.

Essential Information

MLS® #: 802123
Price: $20,000,000
Square Footage: 469,577
Acres: 10.78
Type: Residential Land
Sub-Type: Residential Land
Status: Active
Listing Office: Somers & Company

Community Information

Address: 10+ Acres 270' On Beach;extends To Hwy98 Cir
Area: South Walton West
Subdivision: The Pennington Estate
City: MIRAMAR BEACH
County: WALTON
State: FL
Zip Code: 32550

Amenities

Utilities: Electric Available
Features: Additional Land Available, Within 1/2 Mile Of Water
Is Waterfront: Yes
Waterfront: GULF

Exterior

Lot Description: Additional Land Available, Within 1/2 Mile Of Water

School Information

Elementary: VAN R. BUTLER
Middle: EMERALD COAST
High: SOUTH WALTON

Additional Information

Days on Market: 206
Zoning: Coastal Center
HOA Fees: 0.00

Financials

$/SqFt: $43

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on January 23rd, 2019 at 12:00pm CST.

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on January 23rd, 2019 at 12:00pm CST.