10 ACRES GOLDSBY RD, SANTA ROSA BEACH, FL EXCLUSIVE LAND INVESTMENT OPPORTUNITY

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1 EXCLUSIVE LAND INVESTMENT OPPORTUNITY

2 FOR SALE EXECUTIVE SUMMARY PROPERTY OVERVIEW PROPERTY SUMMARY Sale Price: Property Type: $699,000 Residential Land Rare opportunity to purchase 10 acres in Santa Rosa Beach. The site is the ideal location for a residential or commercial development with its prime location being within one mile east of the Sacred Heart Hospital, Publix, and the Grand Boulevard shopping center. The Santa Rosa Beach area is a highly sought after market to reside with its affluent demographics, shopping, entertainment, and being minutes to the white sand beaches of Walton County. Utilities needed for permissible development, including water and sewer, are presently at the site or are available in the immediate area for connection. The topography of the parcel is level and the size of the parcel is sufficient to allow for a variety of uses. The current zoning of the parcel is CR-2 Conservation Residential which allows for 2 dwellings per acre and for 40% of the property to be cleared. Given the emerging market conditions and location of the property, another suitable potential use of the property would be for a commercial development if the future owner were to mitigate/fill the existing wetland areas and apply for the zoning change to General Commercial. Allowable uses under the General Commercial land use category include offices, retail, wholesale, lodging, restaurants, shopping centers, medical facilities, commerce parks, repair shops, among other similar type uses. Residential uses are allowed in the form of Mobile Home Parks and Multi-family apartments. The site has approximately 330' of frontage on Goldsby Road. The boundary survey, as well as USDA Fish and Wildlife National Wetlands Mapping and Walton County GIS Mapping indicate that approximately 23% of the property is comprised of wetland area and approximately 7.74 acres of the site are uplands. PROPERTY HIGHLIGHTS Lot Size: 10 Acres Close to luxury residential developments, popular tourist attractions and recreational areas Affluent demographics; average HH income of $94,000 within a mile of the site APN #: 25-2S Tremendous growth within the Walton County market Excellent location in the Santa Rosa Beach trade area, located minutes to Sacred Heart Hospital, Grand Boulevard shopping center, shopping, entertainment, and the destination beaches of Florida's Emerald Zoning: CR-2 Conservation Residential Coast Walton County has a strong economy supported by over 4 million visitors and an estimated $4.4 billion in Cross Streets: US Hwy 98 & Goldsby Rd sales volume annually within the trade area 2

3 SURVEY 3

4 WALTON COUNTY WETLAND GIS MAP 4

5 FOR SALE AERIAL RETAILER MAP 5

6 LOCATION MAP 6

7 DEMOGRAPHICS MAP 1 Mile 5 Miles 10 Miles Total Population 340 3,801 18,191 Population Density Median Age Median Age (Male) Median Age (Female) Total Households 157 1,761 8,129 # of Persons Per HH Average HH Income $94,336 $92,358 $94,733 Average House Value $444,083 $437,830 $421,838 * Demographic data derived from 2010 US Census 7