The Santa Rosa County Sheriff's Office reports that 80 pounds of cocaine worth about $1.5 million washed up near a state park over the weekend, and officials are trying to track down its origin.
Officials say Navarre Beach state park workers found a bale of about 28 bricks of cocaine wrapped in plastic and burlap. The cocaine is 90-percent pure, and its street value could be higher if it was “cut” and re-sold.
Even though the cocaine was found Saturday, sheriff's officials waited several days to announce the discovery to ensure no other bales were nearby and prevent the public from hunting for more floating drugs.
Officials speculate traffickers may have dumped the drugs overboard when stopped by federal authorities at sea.