Mixed-Use Land for Sale in Fort Walton Beach, Florida
120 NE Racetrack Rd, Fort Walton Beach, FL 32547
Prime Investment Opportunity Now! Act fast to secure nearly 1 acre of prime real estate on Racetrack Road, featuring over 200 feet of road frontage and additional access from Barrow Street. Seller is willing to split the parcels. Front Parcel (Racetrack Road Parcel can be purchased separate for $1,100,000) OR purchase this exceptional package including three C-3 zoned parcels, offering endless development possibilities, including multi-family units. The owner's vision was to build four townhomes on the rear two parcels and utilizing the front portion for a business requiring a gated fleet area. Don't miss out on this rare chance to develop in a highly desirable location. Contact us today!
Location
- Street address
- 120 NE Racetrack Rd
- County
- Okaloosa County
- Community
- Fort Walton Beach
- Elevation
- 16 feet
Directions
North on Eglin Parkway, West on Racetrack Road. Commercial site will be on the north side of Racetrack Road.
Property details
- Lot size
- 0.9 acres39,204 sq ft
- Zoning
- C-3
- MLS #
- ECARMLS 977964
- Posted
Parcels
- 01-2S-24-0000-0025-0000
Legal description
COM SE COR BLK 5 TOM BARROW'S S/D S 85 DEG W 188.01FT TO POB N 62 DEG W 117.17FT S 40 DEG W 68.82FT S 4 DEG E 61.66FT TO N R/W RACETRACK RD S 68 DEG E ALG R/W 206.57FT N 17 DEG E 100.9FT N 62 DEG W 88.64FT TO POB
Details and features
Listing
- Type
- Residential
- Subtype
- Condominium
- Franchise
- ERA Real Estate
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 4, 2025 | New listing | $1,300,000 | — | ECARMLS |