27 SE Park Circle
Fort Walton Beach, FL 32548
$174,900
NEW LISTING Active
Description
ZONED R-2 MULTIFAMILY - EXCELLENT DEVELOPMENT OPPORTUNITY! Centrally located in Fort Walton Beach, this 0.37-acre property offers excellent potential for residential or multifamily development. R-2 zoning allows for up to 20 units per acre. Per the Land Development Code, R-2 zoning permits a variety of residential uses, including single-family homes, mobile homes, duplexes, triplexes, townhomes, apartments, and other multifamily developments. BUYER TO VERIFY. Permitted accessory uses may include recreational facilities, garages, carports, storage buildings, parking areas, and community amenities. The existing home is in disrepair due to 1955 age and previous minor flooding. Power, water and gas utilities are on. The two window HVAC units do not convey. There is no HVAC ducting. Property is being sold for land value. This is an excellent opportunity for builders and investors looking to develop in a convenient Fort Walton Beach location. Buyer to verify allowable density, zoning requirements, and development potential with the City of Fort Walton Beach.
Listing details MLS# 1014255
Location, Tax and Legal
- Area
- 12 - Fort Walton Beach
- Sub area
- 1202 - East Fort Walton Beach
- Subdivision
- HOWARD GILL S/D
- County
- Okaloosa
- Parcel ID
- 13-2S-24-1220-0005-0120
- Tax year
- 2025
- Annual tax
- 369.75
- Legal description
- HOWARD GILL S/D LOT 12 BLK 5
- Zoning
- City, Mobile Home, Resid Multi-Family, Resid Single Family
General Property Info
- Property type
- Land
- Acreage
- 0.37
- Lot size (sq ft)
- 16117.2
- Lot dimensions
- 62x199x93x197
Exterior and Site
- Road surface
- Paved Road
- Road frontage
- County Road
Utilities
- Utilities
- Electric, Gas - Natural, Public Water, Tap Fee Paid
- Sewer
- Public Sewer
Schools
- Elementary
- Elliott Point
- Middle school
- Bruner
- High school
- Fort Walton Beach
Remarks and Misc
- Special conditions
- Estate In Probate
- Directions
- From Highway 98, North on Beal - right on Hollywood - Right on Shell - Left on Park Cir. Follow to 27 SE Park Circle
