Description
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.
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0BEDS
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1.02ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2025-12-11T00:00:28.883.
Vendor Member #28178.