Prime Real Estate on Racetrack
120 NE Racetrack Road Fort Walton Beach, FL 32547
120 NE Racetrack Road, Fort Walton Beach, FL, 32547
$1,300,000
For Sale
$1,300,000
Nearly 1 acre with road frontage and development possibilities.
Days on Market410
Property Features for 120 NE Racetrack Road
General Information
- Standard status
- Active
Listing Agency
ERA AMERICAN REAL ESTATE
Listed by
NIKKI SEGRAVES WOOD
Source
Corcoran
Added: Jun 4, 2025 Checked: Mar 16 at 9:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA AMERICAN REAL ESTATE
Investment Insights
Based on property information with market context.
This property presents an investment opportunity with nearly 1 acre of real estate located on Racetrack Road. It features over 200 feet of road frontage and additional access from Barrow Street. The property consists of three parcels zoned C-3, offering development possibilities, including multi-family units. The owner's intended use was to build four townhomes on the rear two parcels and utilize the front portion for a business requiring a gated fleet area. The seller is willing to split the parcels; the front parcel on Racetrack Road can be purchased separately.
Key Highlights
- Nearly 1 acre of prime real estate on Racetrack Road.
- C‑3 zoning offering endless development possibilities, including multi‑family units.
- Enjoy over 200 feet of road frontage on Racetrack Road.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Armo Motors
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Nearly 1 acre with road frontage and development possibilities.
Where is this commercial land located?
The property is located at 120 NE Racetrack Road Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Nearly 1 acre of prime real estate on Racetrack Road.; C‑3 zoning offering endless development possibilities, including multi‑family units.; Enjoy over 200 feet of road frontage on Racetrack Road.
