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98 and 114 Skipper Avenue

Fort Walton Beach , FL 32547

MLS#: 990451

$950,000

Status: Active
Listing number: 990451
Listing provided by: RE/MAX Coastal Properties
Listing agent phone: None
Last update: 15 hours ago
New on site 1 day ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.02

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $950,000

  • Zoning

    MU

  • 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

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Listing Courtesy of Ed & Terri Smith , RE/MAX Coastal Properties

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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.

98 and 114 Skipper Avenue

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