8.6 Acres Residential Land
|Catylist Listing ID:
Multi-Family, Residential (Single Family), Other
|Gross Land Area:
||$261,627 Per Acre
||Cash to Seller
Overview / Comments
Rare opportunity to purchase 8.6 acres in the heart of Ft Walton Beach. The property is zoned R-2 and is the ideal location for a residential or multi-family subdivision in the rapidly growing city of Fort Walton Beach. The site benefits from the highly trafficked MLK Jr Blvd arterial with over 31,500 vehicle/day passing the property. The 8.6 acres is located in a designated opportunity zone and includes an additional 1.41 acres which will convey as perpetual easement for vehicular and pedestrian ingress and egress over the property to its successors and or assigns. The property is known as the horse stables and has frontage on Joyner Dr, MLK Jr. Blvd and Comanche St. The property is conveniently located within minutes to Hurlburt and Eglin Air Force Bases, beautiful beaches, shopping, restaurants, and entertainment. The property's trade area is largely characterized by military personnel from Eglin Air Force Base and Hurlburt Field. Eglin Air Force Base covers over 463,000 acres and employs more than 8,500 military and approximately 4,500 civilians. Hurlburt Field has 10,782 active duty military and 1,316 civilian employees. These combine to create a very stable employment base for the trade area.
Attachments & Media
||Crestview-Fort Walton Beach-Destin
||04-2S-24-0000-0020-0020. 04-2S-24-0000-0020-0010, 04-2S-24-0000-0020-0000
||R-2 SUBURBAN RESIDENTIAL
|Property Located Between:
||Joyner & Comanche
|Largest Nearby Street:
||Martin Luther King Jr. Blvd
||The property is zoned R-2 Suburban Residential.
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