USAFLPensacolaOcean Winds Condo10-14598 Perdido Key Drive

10-14598 Perdido Key Drive, Pensacola, FL

Name: 10 - 14598 Perdido Key Drive, For Sale in Pensacola - Zoocasa
Brand: KELLER WILLIAMS ISLAND LIFE REAL ESTATE
SKU: A4708293
Price: 85000 USD

House

For Sale

Listed price in listed location currency (USD).

$85,000

000

MLS® A4708293

Overview

Key Facts

Type

Levels Land

Size -

Garage

Taxes $341

Days Active 1

Lot Size 0.86 Acres

Approx. Age

MLS® Number A4708293

Property Address: 10-14598 Perdido Key Drive, PENSACOLA, FL, 32507

Average square foot calculated using Size range provided by listing agent.

Description

This is NOT the sale of the entire property or an individual 0.86-acre lot. The property was formerly a 12-unit condominium. The condominium building was demolished, and what is being sold is a 1/12 ownership interest in the former condominium property/common land. The previous listing agents described it as a 1/12 interest in an approximately 200' x 200' commercially zoned property. The buyer is purchasing the ownership interest/share, not the entire underlying land. Important points that must be disclosed in the listing: Sale is for a 1/12 ownership interest only. Buyer is not purchasing the entire property. Former 12-unit condominium; the building has been demolished. The ownership interest is associated with the former condominium property. Previous listings state there is currently no active HOA and no HOA fees being charged. According to the previous listing information, a buyer would need permission from the other 11 ownership interests to build. Buyer must perform their own due diligence regarding title, development rights, zoning, condominium documents, and the rights associated with the 1/12 interest. This is a unique investment opportunity because the underlying property as a whole is a significantly higher-value asset, but we need to be very careful that the marketing does not imply that the buyer is acquiring the entire parcel.

MLS® NumberA4708293

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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