Florida is considering a significant land acquisition in the Panhandle, with plans to purchase approximately 4 acres of prime waterfront property in Okaloosa County for an estimated $83 million to $84.5 million. The proposed deal aims to transform land zoned for luxury condominiums into a new public state park, preserving valuable coastal access and natural resources for residents and visitors.
Key Takeaways
- Florida’s state Cabinet will review a proposal to purchase nearly 4 acres of waterfront land in Okaloosa County.
- The potential price tag ranges from $83 million to $84.5 million, valuing the land at approximately $20.8 million per acre.
- The acquisition would convert land intended for luxury condominiums into a public state park.
- Okaloosa County has pledged over $5 million in support and committed to managing the future park.
- The purchase aligns with efforts to expand public beach access and protect Florida’s coastline.
A Prime Coastal Acquisition
The proposed purchase involves approximately 4 acres of waterfront property located near the Gulf Islands National Seashore and adjacent to Destin’s Norriego Point Park. The land, currently zoned for high-density residential development with plans for 80 luxury condos, was acquired by the sellers in 2016 and 2017 for $7.9 million. The state’s offer matches a recent appraisal that includes significant infrastructure improvements already made by the developers, such as a marina, sea wall, and utility connections.
Local Government Support
Local officials have expressed strong support for the conservation effort. Okaloosa County has pledged more than $5 million in direct investment and committed to managing the property as a public park in collaboration with the City of Destin. County Commissioner Drew Palmer highlighted the importance of ensuring public access to the coastline, stating, "If the State buys this property, it means that the public will always have access to it, and I think that’s a beautiful thing."
Expanding Public Access
State officials and proponents of the deal emphasize the importance of preserving this unique parcel for public use. Senator Jay Trumbull, who helped facilitate the legislation, noted the rarity of such opportunities, especially on the coast. "We’re not making beachfront property anymore, especially parcels that are as well positioned as this one," Trumbull said. The acquisition would expand the existing Norriego Point Park area to nearly 16 acres, enhancing public access and recreational opportunities, including boating and fishing. The project is being funded through existing Florida Forever conservation funds.
Future Management and Vision
If approved, Okaloosa County will be responsible for the management, maintenance, and operation of the new state park. This includes overseeing capital projects, staffing, and rule enforcement. The envisioned park aims to alleviate pressure on nearby Henderson Beach State Park, which frequently reaches capacity during peak seasons, and to provide much-needed public beach access in the Destin area. The state and City of Destin are also completing a separate $12 million project to enhance the adjacent Norriego Point Park, further complementing the potential new acquisition.
Key Takeaways
- Florida wants to buy 4 acres in the Panhandle. The price tag? $83M, Tampa Bay Times.
- Florida to consider $84.5M purchase of Destin waterfront property for new state park, Get The Coast.