17 Topsail Village Drive, Santa Rosa Beach, FL 32459

$15,500,000

Property Description

Topsail Village Commercial is a rare, fully-entitled, mixed-use project situated along a highly desirable stretch of Scenic 30A. Phase I contains 4 existing, income-producing buildings, which include 36 hotel units in 2 buildings, a 2 story office, and a wedding venue. An Active Development Order for Phase II approves the construction of 2 additional income-producing buildings on the existing and valuable build-ready pad sites, which will eventually include 39 additional hotel units. The matured site plan will encompass a total of 75 hotel units with a pool, an outparcel restaurant, an office building, and a reception hall. Property is located less than a mile from public beach access and less than 5-minutes to retail, entertainment, and restaurants.

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Listing courtesy of Topsail Realty.

Vendor Member Number : 28166