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Tomell Johnson

tomell@tomellsellshomes.com +1(850) 443-6309

$ 6,950,000

Est. payment | -/mo

107,593 SqFt

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$ 6,950,000

Est. payment | -/mo

Save

107,593 SqFt

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 107,593 sqft

Price per Sqft $64

MLS Listing ID 982793

HOA Y/N No

Annual Tax Amount $6,411

Tax Year 2024

Lot Size 2.470 Acres

Acres 2.47

Lot Dimensions 248’ x 230’ x 248’ x 218’

Property Sub-Type Vacant Land

Source Emerald Coast Association of REALTORS®

Property Description

Extraordinarily rare waterfront assemblage favorably zoned ''MX-2 Mixed-Use'' (pursuant to City of Fort Walton Beach land development code) for high density redevelopment to achieve economies of scale involving a plausible host of viable development scenarios. Its prime ±248 fronting footage on the scenic Sound of Ft. Walton Beach, Florida, as well as ±248' along Miracle Strip Parkway, is within ±½ mile from the spectacular Brooks Bridge (under development and construction), as well as a pedestrian friendly, short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is ±2.47, while the dimension of the two contiguous, combined parcels is as follows: 248' x 230' x 248' x 218'. The assemblage is offered as-is, where-is, with no attributable value to the current structures onsite. Buyer must verify zoning, potential development entitlements, riparian rights (dock / "marina") through the City of Ft. Walton Beach, Okaloosa County, and including but not limited to the Corp. of Engineers, and the FDEP. Access to the property is strictly prohibited unless properly scheduled with advance notice through the listing agent(s). Please inquire for additional information. "MX-2 Mixed High Use" was defined as follows: MX-2 Mixed-use (High Intensity) Zoning District. The mixed-use zoning district is established to provide for a wide variety of land uses, including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential developments include onsite amenities, such as recreation facilities, carports, garages, storage buildings, parking lots, transit stops, and community buildings. Accessory uses for nonresidential developments include such onsite amenities as parking lots, parking structures, storage buildings, or transit stops. Open space in the form of plazas and courtyards may be provided. Waterfront locations may include accessory uses such as docks, boardwalks, or facilities for direct water access to support water-dependent uses. Uses within the MX-2 zoning district may be mixed within one (1) parcel or lot and may be mixed within one (1) building. The maximum density is thirty (30.0) dwelling units per acre. Bonus provisions may be authorized to allow a maximum density up to forty-five (45.0) dwelling units per acre. The maximum floor area ratio for nonresidential development is two (2.0) FAR. Bonus provisions may be authorized to allow a maximum floor area ratio of three (3.0) FAR.

Location

State FL

County Okaloosa

Area 12 - Fort Walton Beach

Zoning Business, City, Commercial, County, Resid Multi-Family

Direction MapQuest: 42 Miracle Strip Parkway SE, Ft. Walton Beach, FL 32548 and 54 Miracle Strip Parkway SE, Fort Walton Beach, FL 32548

Exterior

Utilities Available Electric, Public Water

Waterfront Description Sound

View Sound, Gulf

Road Frontage County Road, City Road

Garage No

Building

Lot Description Addl Land Available, Within 1/2 Mile to Water, See Remarks

Faces MapQuest: 42 Miracle Strip Parkway SE, Ft. Walton Beach, FL 32548 and 54 Miracle Strip Parkway SE, Fort Walton Beach, FL 32548

Sewer Public Sewer

Schools

Elementary Schools Elliott Point

Middle Schools Bruner

High Schools Choctawhatchee

Others

Pets Allowed No

Tax ID 24-2S-24-0000-0031-0000

Listed by John Paul Somers Somers & Company

Nearby Locations

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Tomell Johnson

REALTOR® | Lic# SL3413882

tomell@tomellsellshomes.com

+1(850) 443-6309

8668 Navarre Parkway #120, Navarre, FL, 32566, USA

54 SE Miracle Strip Pkwy Fort Walton Beach, FL 32548

Tomell Johnson

Key Details

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Exterior

Building

Schools

Others

54 SE Miracle Strip Pkwy