Introducing a remarkable investment opportunity in the heart of Dune Allen Beach! This expansive 5.5-acre parcel presents a rare canvas for creative development, with neighborhood infill zoning. Situated along the tranquil shores of Allen Lake, supplying a picturesque backdrop for potential homesites. Benefiting from its coveted location, this property offers proximity to pristine beaches, upscale amenities, and the vibrant coastal lifestyle that 30A is known for. The versatility of this land is unparalleled, offering the potential to construct multiple waterfront and non-waterfront residences, ranging from 2 to 8 homes per acre (more info can be provided). With the ability to subdivide the land, investors have the opportunity to tap into the growing demand for premium real estate in the area. The property also includes a three story home with pool. The property is graced by natural wetlands, adding an extra layer of environmental significance. Mitigation is required to preserve this valuable ecosystem to allow for thoughtful development. Rarely does a parcel of this size, location, and zoning become available, making this an extraordinary chance for visionary developers.
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.