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OPPORTUNITY RETURNS!  NO FAULT OF SELLER OR LAND!   PRIME LOCATION!  92 ACRES for COMMERCIAL, MIXED USE, LT INDUSTRIAL DEVELOPMENT! In Freeport City Limits & directly across Hwy 20 is Hammock Bay entrance. Freeport needs new Comm Dev with the area growing by leaps & bounds. New Apts being built across Hwy 20. Ideal site for Retail, Medical Center, Townhomes, Office/Warehouse, Hotel, Grocery & more. 14 Acres on Hwy 20 has approx.1320 ft & all utilities available - cleared & ready. The north 78 Acres is wooded & has approx. 1500 ft frontage on Ben King Rd. Easy Commute on Hwy 20 to Eglin AFB, Mid-Bay Bridge to Destin & east to Hwy 331 for north/south travel to the Interstate or the Beach! NW Florida International Airport approx. 30 min to the east via Hwy 20 & 79. See the Vision Here & Now!
#799555

Freeport

92 Acres W State Highway 20

None Beds

None Baths

N/A

$12,500,000

MLS#: 799555

Seller is willing to consider all reasonable offers for this rare opportunity to acquire an approximately 2.35-acre commercial redevelopment site along Scenic Highway 30A in Seagrove Beach, one of the most supply-constrained and desirable coastal markets in the Southeast. Zoned Village Mixed Use (VMU), the property supports a variety of commercial and mixed-use development opportunities consistent with the walkable character of the 30A corridor, including boutique retail, restaurant, office, or residential over retail.

The asset is offered primarily for its underlying land value, with the existing improvements conveyed as-is. Current tenancy consists of short-term occupants, and the property should be viewed as a redevelopment opportunity rather than a stabilized investment asset.
#979225

Santa Rosa Beach

3723 30A

None Beds

None Baths

N/A

$12,499,000

MLS#: 979225

Welcome to 59 Green Street, a stunning Gulf-front home located in the beautiful, authentic neighborhood of the east end of 30A! This home is located on the private street of Green street and situated perfectly between Watersound and Alys, close to restaurants, shopping, and live entertainment. And, every necessity and amenity is only a short bike ride or stroll down 30A. The solid concrete home was built to last. Filled with high-end furnishings this home is perfect for both couples and larger families, and would make an excellent primary home or even a lucrative vacation rental! Breathtakingly beautiful, this 4 bed, 5.5 bath Gulf-front home features stunning views, pool overlooking the water and your own private beach walkover. All information is deemed correct but must be verified by Buyer*
#907241

Inlet Beach

59 Green Street

4 Beds

5 Baths

5,250 Sq.Ft.

$12,499,000

MLS#: 907241

Nestled within the especial community of Alys Beach, 285 N Somerset Street stands as a timeless masterpiece of coastal luxury and elegance whilst channeling the captivating blend of Greek-inspired architecture, artistic elegance, and fortified construction. Upon initial approach, the cobblestone drive and gas lantern-lit entry lead way to the true four-season living corridor lined with bi-fold doors while providing seamless access to the main residence which spans over five thousand square feet in addition to the courtyard, dedicated outdoor dining area, and separate guest quarters. Bordered by lush vegetation overlooking the preserve area to the North, Lake Marilyn frontage to the West, and anchored by one of the largest private pools within the community, the courtyard provides a true oasis perfectly positioned to capture the coastal breeze and famed Emerald Coast sunsets providing a new palate of mesmerizing hues each and every night. An outdoor kitchen outfitted with a Twin Eagles Grilling station, a sunning deck, and a turfed conversation area are also nestled within the courtyard.

Upon entering the main residence, attention is immediately drawn to the array of hand-selected exotic finishes and expertly curated interiors planned by the acclaimed Dallas-based team at SHM Architects and executed by the esteemed design team at Avrea and Company. Soaring pecky cypress-lined ceilings, Venetian plastered walls, a floor-to-ceiling window wall providing abundant natural light, and a fully equipped wet bar accented with stunning Zellige tilework define the living area.

Abutting to the living area, the gourmet kitchen boasts custom cabinetry with Rocky Mountain Hardware, an oversized island with waterfall marble tops and integrated seating, a walk-in pantry, and a custom-crafted dining table with seating for ten. The luxury appliance suite includes dual Sub Zero refrigeration, an Officine Gullo range imported from Italy, and dedicated wine refrigeration.

Accessed by a pivoting door that doubles as a work of art, the first-floor main suite encompasses a sitting area, direct access to the courtyard, and a sumptuous ensuite with dual vanities, custom tiled wet room with steam generation, soaking tub , heated marble floors, separate water closet, and an expansive walk-in wardrobe. Two powder rooms, a laundry area, and a two-car garage complete the first level.

Situated on the second level, the sprawling bunk room was configured with family gatherings in mind offering sleeping accommodations for eight in addition to the attached ensuite with the custom three-fixture vanity, contrasting blue tiled wet room, and separate water closet. Two additional fully equipped guest suites are also found on the second floor along with the shuttered outdoor patio overlooking the courtyard and preserve.

Reigning on over one hundred and fifty acres along Scenic Highway 30A, the master-planned community of Alys Beach affords residents with a culmination of amenities including access to the sugar white sand and iconic turquoise-hued waters, the distinguished Caliza pool, the Zuma wellness center, a twenty-two-acre nature preserve, an exclusive beach club, and the vibrant town center with world-class dining and shopping venues. The meticulously planned interiors coupled with the peerless finishes and prime homesite placement offering a heightened sense of privacy make 285 N Somerset Street a unique and compelling opportunity for investors and full-time residents alike. Inquire today to coordinate a private viewing and start living the coastal lifestyle you deserve.
#957690

Alys Beach

285 N Somerset Street

5 Beds

5 Baths

5,047 Sq.Ft.

$12,259,000

MLS#: 957690

This stunning 13+ acre resort parcel is the largest contiguous waterfront property offering more beach frontage and access than any property available for redevelopment in Florida. Located in the Florida Panhandle on Panama City Beach, the property is in the heart of the state's most stable condominium market which is currently undergoing a dramatic transformation. Situated at the intersection of two main thoroughfares, the This is a Bank owned property. Property has 570-feet of dedicated beachfront and abuts a half-mile long protected beach reserve. Fully entitled for 998 hotel, timeshare or residential units and 43,000 square feet of retail space, the property represents significant land-bank and turnkey development opportunities. Milestones: Development Agreement for 998  hotel, timeshare, or residential units & 43,000 SF of retail space, Development Order valid through 2013, 100% Design Drawings by Arquitectonica, Pre-Construction Engineering Services, DEP Permit, Soil Borings, All Environmental Reports, Wind Tunnel Study, Website. Demolition was completed in 2010.
#622933

Panama City Beach

13623 Front Beach Road

None Beds

None Baths

13.28 acres

$12,200,000

MLS#: 622933

Largest acreage tract anywhere in the Florida Panhandle currently offered for sale.  Development Potential. Close to the Interstate and Hwy 331. 30 minutes to the white sandy beaches of South Walton. Located 5 minutes out of historic Defuniak Springs, FL. Approximately 2.5 miles of river frontage at the origin of Shoal River. Property features tons of deer and turkey, two beautiful lakes stocked with bass and bream. Perfect for recreation or holding for development.
#909482

DeFuniak Springs

2450 Acres King Lake Road

None Beds

None Baths

2450.0 acres

$12,127,500

MLS#: 909482

Award winning Khoury Vogt Architects does it again with this extremely rare Alys Beach Compound Home that stands alone amongst its peers. 

Fronting McGee Drive, the homes overlooking this street were given special distinction with generous setbacks allowing for first level terraces to give a promenade feel unique to this street alone. 

At 32 McGee Drive, the tone is set with an inviting outdoor entry garden that leads to a sunlit entry hall with offset pivot hinge doors that connect to an oversized Court Loggia. A large great room with concrete floors and integrally colored plastered walls looks out to a Mediterranean courtyard anchored with 4 medjool palms set amongst a sunken seating area and fire pit. A Generous courtyard pool with sunshelf and waterfall fountain is flanked by the first floor master bedroom and the separate carriage house which offers its own private living quarters. An outdoor dining area located just outside the main kitchen is thoughtfully designed with a retractable canopy roof and outdoor summer kitchen. Gaggenau appliances are found throughout. 

Walking amongst the 5,684sf, the interior designs by KVA and the 5 bedrooms, bunk room, multiple media rooms, multiple rooftop terraces, one cannot escape the transcendent feeling that this level of design, thought and execution exudes. It is aspirational... it is inspiring.
#919358

Inlet Beach

32 McGee Drive

5 Beds

6 Baths

5,684 Sq.Ft.

$12,000,000

MLS#: 919358

Come explore this stunning beach front home in Seagrove Beach. Architect Tim Adams and interior designer Allyson Runnels were the perfect match to create the perfect beach getaway. Custom furniture covered in Sunbrella linens lend to beauty as well as durability. Add cut velvet and leather along with cottons to create an elegant setting.Nana doors open the living area onto the pool area with manicured lawn beyond. Also, a covered area is perfect for outdoor cooking and lounging to view the sunsets. A private walkover to the beach completes the outdoor living area. The expansive kitchen including two large islands offer the perfect area for having cocktails, snacks as well as cooking and entertaining. An elevator reaches all three levels of the main house. This home is conveniently located to area restaurants and shops and a short stroll or bicycle ride from the communities of Seaside and WaterColor. A one-of-a kind residence with so much to offer, call today to learn more about this incredible home. Home sold fully furnished excluding the golf cart and some personal items in closets.
#795361

Santa Rosa Beach

3034 E County Hwy 30A

7 Beds

9 Baths

6,462 Sq.Ft.

$12,000,000

MLS#: 795361

Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600 FF on Cook's Bayou, the property has a mixture of Oaks, Magnolia and Pines. +/- 150 upland acres located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation at 2 units per acre or 514 units. Cook's Bayou Bridge has been raised to 9'6''. An upland cut marina with slips, docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB which is being rebuilt post hurricane with an expanded mission resulting
in an additional 4,000 jobs.
#768474

Panama City

1025 Hwy 2297

None Beds

None Baths

283.0 acres

$12,000,000

MLS#: 768474

Entered for comp purposes
#901915

Alys Beach

Lot 9 Sea Castle Aly

None Beds

None Baths

0.13 acres

$12,000,000

MLS#: 901915

Gulf Front Hotel/Condo Development Site - Prime Opportunity in Perdido Key. With the development order already approved, this property presents a turnkey opportunity for investors in the coveted Perdido Key area. This Gulf Front site spans an impressive 1.99 acres and boasts an approved development order for an elegant 14-story hotel/condo complex with a total of 50 units, offering 128 keys for hotel guests and condo owners alike.  This development will feature a full-service restaurant, beachfront pool with cabanas, fitness center, state-of-the-art conference center with private meeting rooms, banquet room, and a three-story covered garage parking for up to 140 vehicles. 

Perdido Key is renowned for its breathtaking Gulf views, sugar-white sandy beaches, and a serene coastal ambiance. This development site offers investors the chance to be part of a thriving community with endless recreational opportunities, from water sports to dining and entertainment. Don't miss out on this rare chance to shape the future of Gulf-front luxury living in one of Florida's most sought-after destinations.
#947836

Perdido Key

13821 Perdido Key Drive

None Beds

None Baths

N/A

$12,000,000

MLS#: 947836

Custom home located north of 30A fronting Lake Marilyn.  Entered for comp purposes.
#905355

Alys Beach

333 N Somerset Street D4

4 Beds

4 Baths

5,731 Sq.Ft.

$12,000,000

MLS#: 905355

Presiding over 116 ft. of Gulf front this Seagrove residence embraces the essence of its surroundings with dramatic views from all angles. Expansive bifold glass doors stylishly and effortlessly open the living areas to the stone cover loggia and pool. On the loggia the stage is set for lounging by the infinity edge salt water pool, casual dining, or enjoying conversation around the fireplace and outdoor kitchen. Cleverly designed Jersusalem stepping stones over the pool lead to a more intimate raised hot tub with its own fireplace. Bevolo French Quarter gas lanterns add the finishing touch and ambiance to the outdoor living spaces. Cypress beams accentuate the main floor ceilings along with custom distressed cabinetry and an antique brick Rumford fireplace. When entertaining is a high priority an inviting kitchen is a must. The focal points in this chef's kitchen are a 9 ft. cypress island with concrete counter, 60" Wolf stove, butlers pantry with brew station and three Subzeros. The 1st floor master wing consists of his and hers bath leading out to individual, walled, outdoor showers. The master bedroom views enjoys both the gulf views and reflections from the 48 ft. pool. Walk in closets, custom built in cabinetry and a laundry area finish off the master wing. Rough hewn beams anchored by wrought iron plates and shiplap walls over looking the gulf bring a nautical feel to the 2nd floor 24 x 17 media room. Accessible to all the guests is a wetbar complete with dishwasher, beverage cooler and microwave. 
Besides the master wing, the 5894 sq. ft residence contains three bedrooms in the main house with a bunk room and a separate guest suite with full kitchen, living bedroom and bath. Guests have their private entrance to their quarters over a three car garage. At a 35 ft elevation, the beach front lawn serves as the perfect end of the days vantage point and the sea wall adds extra peace of mind. 
Reminiscent of Southern vernacular and New England traditions the residence is accented by cedar shingles, clapboard, bay windows and copper appointments. Warm driftwood tones and materials seamlessly flow from the residence's interior to the gulf blue and natural pallete of the beach. 
Other notable features are wood walls throughout, a gym, three car garage, commercial ice maker, mahogany French doors, Generac generator, remote control lighting and security systems. 
This sophistocated interpretation of the coastal look was designed with everything imaginable for a gulf front lifestyle and a true private oasis.
***Buyer is responsible for personally verifying details about this property. Any information contained in this listing is believed to be accurate but is not guaranteed.***
#762173

Santa Rosa Beach

12 S Headland Avenue

5 Beds

6 Baths

5,894 Sq.Ft.

$11,995,000

MLS#: 762173

Rarely available on WaterColor's Beach Lane, this home offers an exceptional opportunity to own in one of 30A's most sought-after communities. Renovated in 2018, the residence blends timeless coastal style with a generous footprint designed for effortless beachfront living. 

Thoughtfully designed and beautifully decorated, the home features expansive living and gathering spaces, along with five bedrooms to comfortably accommodate family and guests. Panoramic Gulf views are showcased throughout, anchoring the home in an elevated and truly exceptional beachfront setting. The layout is designed for both entertaining and everyday living, with multiple living areas that provide flexibility for hosting, relaxing, and extended stays. The five-bedroom configuration, including dual primary suites and a dedicated bunk room, allows for seamless accommodations for larger groups.

With its spacious design, direct access to the private deeded beach, and coveted location in WaterColor, this home offers a rare combination of scale, comfort, and true beachfront living.
#1001216

Santa Rosa Beach

1942 E County Highway 30A

5 Beds

5 Baths

3,528 Sq.Ft.

$11,995,000

MLS#: 1001216

Don't miss this chance to claim a stunning home one off the gulf front in Alys Beach, an exceptional value that sets you apart at this price point! Poised on a prominent corner lot on the south side, this offering presents an extraordinary opportunity to own a thoughtfully designed coastal residence with curated architectural integrity and sweeping western views to the Gulf. This five-bedroom, five-and-a-half-bathroom home encompasses 4,587 square feet of refined interior living, complemented by 1,971 square feet of open-air balconies and 663 square feet of covered loggia space crafted to embrace the effortless indoor- outdoor lifestyle that defines Alys Beach. An elevated private pool and a separate spa, positioned beside the third-floor primary suite, offer an intimate retreat with rare vantage points overlooking the protected corridor of Paradise by the Sea. With three open exposures and a two-car garage...
this residence exudes presence, privacy, and elegance.
Designed by Chancey Architecture and brought to life by Arkon Group General Contractors, this home is currently under construction, allowing for a discerning buyer to personalize. The seller invites a buyer to assume the existing construction contract for an all-in investment of $11,995,000. Estimated completion is 18 to 20 months. 
An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.
#984004

Alys Beach

137 Elbow Beach Road

5 Beds

5 Baths

4,587 Sq.Ft.

$11,995,000

MLS#: 984004

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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