54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

This extraordinarily rare waterfront land assemblage is favorably zoned ''MX-2 Mixed-Use'' for high-density redevelopment, offering economies of scale for various viable development scenarios. It features approximately 248 feet of frontage on the scenic Sound of Fort Walton Beach, Florida, and approximately 248 feet along Miracle Strip Parkway. The property is located within a mile of the Brooks Bridge, which is currently under development and construction, and a short walk to the historic downtown district of Fort Walton Beach, Florida. The combined total waterfront acreage is approximately 2.47 acres, with dimensions of 248' x 230' x 248' x 218' for the two contiguous, combined parcels. The property is offered as-is, where-is, with no attributable value to the current structures onsite. The MX-2 Mixed-use zoning district allows for a wide variety of land uses, including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential developments include onsite amenities such as recreation facilities, carports, garages, storage buildings, parking lots, transit stops, and community buildings. Accessory uses for nonresidential developments include parking lots, parking structures, storage buildings, or transit stops. Waterfront locations may include accessory uses such as docks, boardwalks, or facilities for direct water access to support water-dependent uses. The maximum density is 30 dwelling units per acre, with bonus provisions potentially allowing up to 45 dwelling units per acre. The maximum floor area ratio for nonresidential development is 2.0 FAR, with bonus provisions potentially allowing up to 3.0 FAR.