• 161 Brooks Street, Fort Walton Beach, FL 32548 Main Photo

161 Brooks Street
Fort Walton Beach, FL 32548

$1,950,000

3 Total Photos [Click to View All]

Listing Details

  • $1,950,000
  • MLS# 997423
  • Type Land - Commercial
  • Status Pending
  • 0.900 acres
    Lot Size

Listed By

Agency Name: Bellcore Commercial LLC

Shown By

Agent Name: Tara Capron
Agent Phone: (850) 565-0480
Agency Title: Levin Rinke Realty

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Home Value Estimate


Description

This waterfront property offers a strong redevelopment opportunity in Fort Walton Beach, with approximately 210 feet along the Intracoastal Waterway. Zoned MX-2 Mixed-Use High, the site supports a wide range of uses, including mixed-use, commercial, and other high-intensity development. The existing structure is being demolished, leaving the primary value in the land and its future potential. Demolition costs will be covered by the City through the Community Redevelopment Agency's nuisance-abatement program. The property will remain within the Downtown Design Overlay District, including the 100% impervious surface ratio allowance, maximizing...read more

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