MLS® ID: 813041
1468 Alabama Street
Navarre, Florida, 32566 $445,000
JUST REDUCED by $14K!! ***MULTI-FAMILY LOT on the CANAL*** Build up to 4 Condos/Townhomes. Rare Opportunity to Own and Build Multi-Family on Canal Front Property on Navarre Beach. Property has Seawall and 6 x 80 Foot Canal-Front Deck with 13,000Lb Boat Lift outfitted with Electricty & Water. Construct a 4-unit Condo Complex with Parking on Ground Level, 2 Units on Second Level and 2 Units on 3rd Level, or 1 Large Unit on 3rd & Fourth Levels, or have Side-by-Side Townhomes. There is a small home on the property that has no value and is Sold ''AS-IS.'' Value of the property is in the land and multi-family zoning. The structure is being sold as-is, where-is, and no structure related value has been contributed towards the listed price. Also available for lease for $1,400 a month.1-year lease.