$144,900

About this home

Rare opportunity to acquire an almost half-acre lot in Navarre with **R2M multifamily zoning**, offering excellent potential for an investor or developer. The property is **not located in a flood zone and has no wetlands**, making this a particularly attractive site for future development. The R2M zoning provides the potential to develop **up to four residential units**, subject to applicable zoning, site-plan, setback, parking, and permitting requirements. Whether you're looking to build a small multifamily project, create rental income, or develop and sell, this property offers multiple possibilities. Conveniently located in Navarre with easy access to area amenities, shopping, restaurants, beaches, and major roadways. **Almost half an acre of multifamily-zoned land with no flood-zone or wetland concerns is a rare find.** **Bring your plans and your builder, this is an excellent opportunity for the savvy investor or developer!** **Buyer to verify all zoning, utilities, building requirements, dimensions, lot suitability, and development potential with the appropriate governmental agencies and utility providers.**

Property details

MLS #

MFRC7531330

Property type

Land

Subdivision

NAVARRE 1ST ADD

Status

Active

Days on market

N/A

On market date

September 28, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.48 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).