Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
REDUCED! Development Opportunity available on this 1.24 acre Hotel/ Condo site with beach access on Okaloosa Island in Fort Walton Beach Fl as well as an active development order. This site is comprised of 3 contagious parcels zoned B2 which allows for a 40,000(+/-) development and is in flood zone A (1% chance of flooding). Okaloosa Island is currently experiencing growth in tourism resulting in development of family entertainment, new restaurants, condos and hotels. This represents a vote of confidence for the regions tourism industry that is expected to continue. Sellers have an active development order and plans for a 48 unit condominium. ADT traffic counts at the site are 15,300 and 54,500 at the intersection of Hwy 98 and Santa Rosa Blvd, 27 water taps are included with the purchase
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
1.24
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,450,000
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Zoning
B2
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Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Okaloosa
Elementary School
Middle School
High School
Listing Courtesy of Chad Knaepple , Taylor Allen Properties LLC
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