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$950,000
1009742 MLS
Seize a high-density development opportunity ideally situated off Racetrack Rd in Fort Walton Beach. This 1.02-acre property falls within the Urban Development Area Boundary (UDAB), a designation in Okaloosa County that provides regulatory benefits for urban growth. The site comprises two adjacent parcels with an impressive 499 feet of combined road frontage - 327' on Skipper Ave and 172' on Katherine Street. Developing inside the UDAB allows you to maximize density and height with potential for up to 25 units (subject to final county approval), as well as benefitting from relaxed setback requirements, expedited development approval and potential tax benefits. An occupied duplex exists on the south end of the property on Skipper. May be razed or utilized for interim income. Buyer to verify lot dimensions.

98 And 114 Skipper Ave, Fort Walton Beach

$599,900
1009003 MLS
Discover an exceptional opportunity on Tarpon Drive with this expansive corner lot offering incredible potential. Enjoy beautiful Sound views directly across the street, with the Gulf just moments away, creating the perfect backdrop for coastal living. With its generous size and corner lot positioning, this property offers a variety of possibilities, including the potential to explore dividing the parcel into two lots (buyer to verify all subdivision requirements, zoning, and approvals with the appropriate governing authorities). Whether you choose to build one custom coastal residence or explore additional opportunities, this property provides flexibility rarely found on the island. Spend your days enjoying everything the island has to offer--from boating along the Intracoastal Waterway and paddleboarding on the Sound to relaxing beach days, waterfront dining, and nearby shopping. With convenient access to the area's amenities, this property provides the ideal setting to design and build the coastal home you have always envisioned.

834 Tarpon Dr, Fort Walton Beach

$525,000
1003003 MLS
FEES have been paid to split this lot. Rare opportunity to own a newly replatted oversized homesite on Okaloosa Island offering exceptional flexibility and development potential. This expansive property can now be developed as two separate buildable parcels for individual homes, investment opportunities, or family compounds -- or combined to create one extraordinary estate-sized retreat just steps from the Gulf. Imagine designing a private coastal compound with room for a luxury residence, resort-style pool, guest house, pickleball and tennis courts, chipping and putting green, outdoor entertaining spaces, and expansive gathering areas ideal for large family retreats, corporate getaways, or legacy ownership. Depending on your vision and design, upper levels may capture views of both the Gulf of Mexico and the Santa Rosa Sound. The property is level, cleared, and ready for development, located on the north side of Santa Rosa Boulevard adjacent to the county's newly installed kayak launch. Enjoy easy access to the sugar-white sand beaches and emerald waters of the Gulf, along with nearby dining, entertainment, boating, and shopping that make island living so desirable. Whether you're envisioning two coastal homes, a luxury vacation compound, or a one-of-a-kind estate property, opportunities of this size and flexibility on Okaloosa Island are increasingly rare.

410 Cobia Ave, Fort Walton Beach

$6,950,000
982793 MLS
Extraordinarily rare waterfront assemblage favorably zoned ''MX-2 Mixed-Use'' (pursuant to City of Fort Walton Beach land development code) for high density redevelopment to achieve economies of scale involving a plausible host of viable development scenarios. Its prime ±248 fronting footage on the scenic Sound of Ft. Walton Beach, Florida, as well as ±248' along Miracle Strip Parkway, is within ±½ mile from the spectacular Brooks Bridge (under development and construction), as well as a pedestrian friendly, short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is ±2.47, while the dimension of the two contiguous, combined parcels is as follows: 248' x 230' x 248' x 218'. The assemblage is offered as-is, where-is, with no attributable value to the current structures onsite. Buyer must verify zoning, potential development entitlements, riparian rights (dock / "marina") through the City of Ft. Walton Beach, Okaloosa County, and including but not limited to the Corp. of Engineers, and the FDEP. Access to the property is strictly prohibited unless properly scheduled with advance notice through the listing agent(s). Please inquire for additional information. "MX-2 Mixed High Use" was defined as follows: MX-2  Mixed-use (High Intensity) Zoning District. The mixed-use zoning district is established to provide for a wide variety of land uses, including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential developments include onsite amenities, such as recreation facilities, carports, garages, storage buildings, parking lots, transit stops, and community buildings. Accessory uses for nonresidential developments include such onsite amenities as parking lots, parking structures, storage buildings, or transit stops. Open space in the form of plazas and courtyards may be provided. Waterfront locations may include accessory uses such as docks, boardwalks, or facilities for direct water access to support water-dependent uses. Uses within the MX-2 zoning district may be mixed within one (1) parcel or lot and may be mixed within one (1) building. The maximum density is thirty (30.0) dwelling units per acre. Bonus provisions may be authorized to allow a maximum density up to forty-five (45.0) dwelling units per acre. The maximum floor area ratio for nonresidential development is two (2.0) FAR. Bonus provisions may be authorized to allow a maximum floor area ratio of three (3.0) FAR.

54 Se Miracle Strip Pkwy, Fort Walton Beach

Vendor Member Number : 28166