Duplex Redevelopment with New Metal Roof

311 Kelly Road, Niceville, FL 32578

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For Sale

$700,000

2.75-acre multi-parcel with an existing duplex needing renovation and a newly installed metal roof.

Type:General Commercial

Lot size:

2.75 Acres

HighLights

2.75‑acre multi‑parcel property in the City of Niceville Community Redevelopment Agency (CRA) district
Includes an existing duplex that needs renovation
Newly installed metal roof
Multi‑use zoning; existing structure may be suitable for conversion to office or professional space, subject to city approvals
Significant portion of the parcel remains vacant, allowing for additional mixed‑use or expanded multi‑family concepts (subject to approvals)
Property listing notes 3 guest facilities

We can help!

Listing Contact

- Ecn.rets.e8233

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For Sale

$700,000

2.75-acre multi-parcel with an existing duplex needing renovation and a newly installed metal roof.

Type:General Commercial

Lot size:

2.75 Acres

Added:: May 31, 2026
Days on Market:: 16
Last Refresh:: Jun 15 at 2:37 am

Property Features for 311 Kelly Road

General Information

Standard status: Active
Lot size: 2.75 Acres
Property subtype: General Commercial

We can help!

Listing Contact

- Ecn.rets.e8233

Listing agent - Ecn.rets.e8233

Listing office Real Broker LLC

Listing date May 31, 2026

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HighLights

2.75‑acre multi‑parcel property in the City of Niceville Community Redevelopment Agency (CRA) district
Includes an existing duplex that needs renovation
Newly installed metal roof
Multi‑use zoning; existing structure may be suitable for conversion to office or professional space, subject to city approvals
Significant portion of the parcel remains vacant, allowing for additional mixed‑use or expanded multi‑family concepts (subject to approvals)
Property listing notes 3 guest facilities

Overview

The property is a multi-parcel site totaling 2.75 acres that includes an existing duplex requiring renovation. A new metal roof has been installed, giving a practical starting point for improvements. With the remaining portion of the parcel also vacant, the layout supports redevelopment planning that can accommodate additional concepts or expanded use. The existing structure may be suitable for conversion to office or professional space, subject to city approvals.

The site is located within the City of Niceville Community Redevelopment Agency (CRA) district. It is being offered for sale as an opportunity to reposition the property under Multi-Use zoning conditions.

For owner-users and investors, the duplex offers a value-add component due to its renovation needs, while the new roof can help reduce initial capital burdens associated with weather protection. The combination of an existing structure and a significant amount of vacant land provides flexibility for mixed-use or expanded residential concepts, as well as a potential pathway for office or professional conversion if approved by the City of Niceville. This offering is particularly suited for parties prepared to manage redevelopment and permitting through the applicable city process.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Niceville
County: Okaloosa
State: Florida
Longitude: -86.5055398
Latitude: 30.5219112

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For sale
Duplexes
FL
Niceville
32578
311 Kelly Road

What type of property is this?

Duplex - 2.75-acre multi-parcel with an existing duplex needing renovation and a newly installed metal roof.

Where is this duplex located?

The property is located at 311 Kelly Road Niceville, FL.

What is the asking price?

The asking price for this property is $700,000.

What are key features of this property?

This property features: 2.75‑acre multi‑parcel property in the City of Niceville Community Redevelopment Agency (CRA) district; Includes an existing duplex that needs renovation; Newly installed metal roof