101 CALHOUN AVE Destin FL 32541 $5,450,000

Superb waterfront acreage with gorgeous Westerly views across the scenic Choctawhatchee Bay, East Pass, and the world-famous, 'Crab Island', and a very rare development site strongly influenced by Destin's historical Harbor District, accommodating... ...(read more)

Superb waterfront acreage with gorgeous Westerly views across the scenic Choctawhatchee Bay, East Pass, and the world-famous, 'Crab Island', and a very rare development site strongly influenced by Destin's historical Harbor District, accommodating Florida's largest commercial fishing fleet; hence, the early explorers' characterization, 'The World's Luckiest Fishing Village'. The site's Calhoun Mixed Use zoning (click main image above to view City of Destin's zoning fact sheet) permits many viable, development opportunities for this largest commercially-zoned, waterfront site remaining available in West Destin! With almost 300' of prime bay-frontage, and over 3.5 acres of quintessential, old Florida feel draped with fabulous 150+ year old live oaks, this is an irreplaceable enclave and will most certainly yield a marketable end product. The City's Tier 3 zoning permits up to 56 units of residential density, 70' 6-story height limitation, and just under 80,000 sf of commercial space for a hotel, marina, and general store. Buyer must verify all information and specifications, further validating all data and potential uses with the City of Destin....(read less)