Seize a high-density development opportunity ideally situated off Racetrack Rd in Fort Walton Beach. This 1.02-acre property falls within the Urban Development Area Boundary (UDAB), a designation in Okaloosa County that provides regulatory benefits for urban growth. The site comprises two adjacent parcels with an impressive 499 feet of combined road frontage - 327' on Skipper Ave and 172' on Katherine Street. Developing inside the UDAB allows you to maximize density and height with potential for up to 25 units (subject to final county approval), as well as benefitting from relaxed setback requirements, expedited development approval and potential tax benefits. An occupied duplex exists on the south end of the property on Skipper. May be razed or utilized for interim income.Buyer to verify lot dimensions.
Listed By
Agency Name: RE/MAX Coastal Properties
Shown By
Agent Name: Karen Smith
Agent Phone: (850) 527-5651
Agency Title: Beachy Beach Real Estate
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98 And 114 Skipper Avenue, Fort Walton Beach, FL 32547.
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98 And 114 Skipper Avenue, Fort Walton Beach, FL 32547.
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98 And 114 Skipper Avenue | MLS# 1009742
This land located at 98 And 114 Skipper Avenue, Fort Walton Beach, FL 32547 is currently listed for sale with an asking price of $950,000. The property has approximately 1.02 Acres. Search Fort Walton Beach real estate on ksmith.beachybeach.com today.