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120 NE Racetrack Road Fort Walton Beach, FL 32547

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For Sale
$1,300,000

Nearly 1 acre with road frontage and development possibilities.

Added:
Jun 4, 2025
Days on Market:
320
Last Refresh:
Mar 16 at 9:09 am

Property Features for 120 NE Racetrack Road

General Information

Standard status
Active

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Listing Contact
NIKKI SEGRAVES WOOD

Listing agent NIKKI SEGRAVES WOOD

Listing office ERA AMERICAN REAL ESTATE

Listing date Jun 4, 2025

Source Corcoran

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


Overview

Prime Real Estate on Racetrack Road

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Armo Motors Car Dealership

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Fort Walton Beach
County
Okaloosa
State
Florida
Longitude
-86.6087
Latitude
30.4471

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.
More about this property
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