27 Se Park Circle Ft, Fort Walton Beach, FL 32548

$174,900

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List Price
$174,900
Days on Market
1
MLS#
1014255
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
16,117
Neighborhood
East Fort Walton Beach

Property Description

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.

Additional Information

Acres
0.37
Elementary School
Elliott Point
High School
Fort Walton Beach
Legal Description
HOWARD GILL S/D LOT 12 BLK 5
Lot Dimensions
62x199x93x197
Lot Features
Irregular Lot, Level
Middle School
Bruner
Neighborhood
East Fort Walton Beach
Subdivision
Howard Gill S/D
Zoning
City, Mobile Home, Resid Multi-Family, Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Eglin Realty Inc.

Vendor Member Number : 28166