142 & 144 US-98 Active

Fort Walton Beach,FL 32548

$ 2300000

- Bed

- Bath

3913 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,913 sqft

Price per Sqft $587

MLS Listing ID 956058

Year Built 1945

Property Description

Rare asset in Downtown Ft. Walton Beach offers an exceptional opportunity for investment or development in one of the Panhandle's fastest-growing urban infill markets. This 4,150 square footproperty is zoned MX-2 and lies within the Downtown Overlay District. This zoning allows for up to 120'in building height and up to 45 residential units per acre, providing a broad scope for futuredevelopment possibilities. Comprising two parcels, it can be combined for a single business ordevelopment project. Both parcels feature entrances and exits on both Brooks Street and Miracle StripParkway, offering convenient access from multiple roads. It is surrounded on three sides by parks: TheIndian Temple Mound, Vandegriff Park, and The Landing.

Location

State FL

County Okaloosa

Area 12 - Fort Walton Beach

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