FWB Multifamily Land

Vacant Land for Sale
Catylist Listing ID: 30861698
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family)
Gross Land Area: 0.71 Acres
Sale Price: $475,000
Unit Price: $669,014 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/25/2024

Overview / Comments

New to market is a rare, multi-parcel, .71/acre tract centrally located in Ft. Walton Beach, FL. Just off the major thoroughfares of Hollywood Blvd and Beal Pkwy, this property is zoned R-2 which allows for up to 20u/ac while bonus provisions may allow for up to 30u/ac. There is a structure on site that could be used as a covered land play while plans and permits are finalized with the city.

Per Land Development Code: all styles of housing are permissible: single-family dwellings, mobile homes, duplex and triplex structures, townhouse structures, apartments, and other styles of multifamily development. Accessory uses in this district may include onsite amenities, such as recreation facilities, carports, garages, storage buildings, parking lots, transit stops, and community buildings. Day care centers and public schools may be permissible when complying with supplemental standards

Attachments & Media

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa County
Tax ID/APN: 13-2S-24-1220-0005-0150 & 13-2S-24-1220-0005-0160
Zoning: R-2
Property Located Between: Shell Ave
Property Visibility: Good
Legal Description: HOWARD GILL S/D LOT 15 BLK 5 and HOWARD GILL S/D LOT 16 BLK 5
Largest Nearby Street: Beal Parkway & Hollywood Blvd
Highway Access: Highway 98

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,435 47,833 65,566
Median Age: 41.5 39.59 39.06
Households: 3,890 20,808 28,011

Contact

Photograph of Listing Agent

Dustin Parkman

NBI Properties, Inc. Gulf Coast CMLS Member
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