1.8 acres with 320+ feet of waterfront property is zoned High Density. Located directly on Santa Rosa Sound, it is ideally situated geographically and economically for the astute investor interested in building condos. Nearby development reflects a growing interest in Navarre Beach with its scenic natural setting and favorable year round climate. DEVELOPMENT ORDER INCLUDES A 54 UNIT, 17 STORY HIGH RISE CONDOMINIUM COMPLEX CONSISTING OF TWO SWIMMING POOLS, SIX CABANAS, AND A PROPOSED 24+ SLIP MARINA; ALONG WITH 120 COVERED PARKING SPACES AND 16 EXPOSED PARKING SPACES. THE BUILDING PLANS INCLUDE APPROXIMATELY 116,193 SQUARE FEET OF SALABLE SQUARE FOOTAGE