Florida
Fort Walton Beach
120 NE Racetrack Road

$1,300,000

120 NE Racetrack Road, Fort Walton Beach, FL 32547

Commercial Property
Built in ——
0.9acre lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

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. This exceptional package includes 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!

Listing Status:: Active
Date Added:: June 4, 2025 at 05:00AM
Listing Office:: ERA American Real Estate : 850-651-2454
Listing Agent:: Nikki Segraves Wood : 850-420-0955
MLS ID:: 977964

Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

This listing courtesy of Nikki Segraves Wood, ERA American Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Kenwood Elementary School

15 Eagle St NE, Fort Walton Beach, FL, 32547

Grades PK-5

0.80 miles away

W.C. Pryor Middle School

201 Racetrack Rd NW, Fort Walton Beach, FL, 32547

Grades 6-8

0.84 miles away

Choctawhatchee High School

110 Racetrack Rd NW, Fort Walton Beach, FL, 32547

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.