TBD ABBEY RD, SANTA ROSA BEACH, FL 32459 US Gulf Coast Home

Development opportunity with lots of potential in Santa Rosa Beach near Gulf Place and The Beaches of South Walton. This entire parcel (West 1/2 of Lot 26 Govt Parcel, Sect 2, Township 3, Range 20W, Walton Co. FL) was sold in 2004 for $2,650,000. Phase 1, consisting of 10 lots was developed with infrastructure in place. Per the Walton Co Planning Dept, the remaining parcel, known as Phase 2, "Was close to being platted but the project was put on hold. It should be relatively easy to finish off." This property being offered for sale is the bundle of the remaining lots consisting of Phase 1 and Phase 2. At this price the remaining 6 lots in Phase 1 are being offered at $29,000 apiece. The proposed 4 unplatted lots known as Phase 2 are being offered at $84,000 cumulatively, which reflects a reduction in the per lot price to help offset development costs incurred by the new buyer. We have available for your review the original Coastal Grove HOA docs and Amendments, and the Plat Map for Phase 1 as recorded in the Walton Co. Clerk of Courts. Due diligence beyond that is the sole responsibility of the buyer. No Property Disclosures are available. The parcel id's being offered for sale are as follows:"Phase 1" Lot 2 02-3S-20-34610-000-0020, Lot 3 02-3S-34610-000-0030, Lot 6 02-3S-20-34610-000-0060, Lot 7 02-3S-20-34610-000-0070, Lot 8 02-3S-20-34610-0080, Lot 10 02-3S-34610-000-0100, "Phase 2" Lot 26 02-3S-20-34610-000-0260. Property is being offered "As-Is".