Catylist Listing ID: 30744980
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 1.90 Acres
Sale Price: $995,000
Unit Price: $523,684 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/6/2021

Overview / Comments

Great Commercial Spot located just north of the new Northcrest Plaza and Winn-Dixie Plaza on Hwy 85! Almost 2 acres of land with a high traffic count daily along this very busy stretch of highway! Currently, the property is zoned residential, but is surrounded on one side by a property zoned commercial and on the other by a property zoned as Multi-Use. The owner is in the beginning stages of converting the property from residential to commercial! Endless possibilities with this terrific property! There is a 2500 sq ft structure on the property at this time.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: okaloosa
Tax ID/APN: 33-4N-23-0000-0057-0020
Property Visibility: Excellent
Legal Description: BEG 265 FT E & 784.02 FT N OF SW COR SEC E 350.88 FT S 78 DEG E 88.05 FT N 13 DEG E 233 FT W 489.8 FT S 210 FT TO BEG 673-769 LESS DOT R/W
Largest Nearby Street: Hwy 85
Airports: FWB/Destin Airport and Bob Sikes Airport
Topography: Level
Available Utilities: Electric, Water, Cable, Internet Access
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,173 19,737 27,730
Median Age: 40.86 37.2 36.65
Households: 1,915 7,246 10,362

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