16,117 SqFt
0.37 Lot Size
- Year Built

ZONED R-2 MULTIFAMILY - EXCELLENT DEVELOPMENT OPPORTUNITY! Centrally located in Fort Walton Beach, this 0.37-acre property offers excellent potential for residential or multifamily development. R-2 zoning allows for up to 20 units per acre. Per the Land Development Code, R-2 zoning permits a variety of residential uses, including single-family homes, mobile homes, duplexes, triplexes, townhomes, apartments, and other multifamily developments. BUYER TO VERIFY. Permitted accessory uses may include recreational facilities, garages, carports, storage buildings, parking areas, and community amenities. The existing home is in disrepair due to 1955 age and previous minor flooding. Power, water and gas utilities are on. The two window HVAC units do not convey. There is no HVAC ducting. Property is being sold for land value. This is an excellent opportunity for builders and investors looking to develop in a convenient Fort Walton Beach location. Buyer to verify allowable density, zoning requirements, and development potential with the City of Fort Walton Beach.

Listed by Eglin Realty Inc

GALLERY

27 SE Park CIR, Fort Walton Beach, FL 32548

PROPERTY DETAIL

Key Details

Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 16, 117 sqft
Price per Sqft $10
Subdivision Howard Gill S/D
MLS Listing ID 1014255
HOA Y/N No
Annual Tax Amount $369
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 62x199x93x197
Property Sub-Type Vacant Land
Source Emerald Coast Association of REALTORS®
Location

State FL
County Okaloosa
Area 12 - Fort Walton Beach
Zoning City, Mobile Home, Resid Multi-Family, Resid Single Family
Direction From Highway 98, North on Beal - right on Hollywood - Right on Shell - Left on Park Cir. Follow to 27 SE Park Circle
Building

Lot Description Interior, Level, Low
Faces From Highway 98, North on Beal - right on Hollywood - Right on Shell - Left on Park Cir. Follow to 27 SE Park Circle
Sewer Public Sewer

Exterior

Utilities Available Electric, Gas - Natural, Public Water, Tap Fee Paid
Street Surface Paved Road
Road Frontage County Road
Garage No
Schools

Elementary Schools Elliott Point
Middle Schools Bruner
High Schools Fort Walton Beach
Others

Pets Allowed No
Tax ID 13-2S-24-1220-0005-0120
Special Listing Condition Probate Listing