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

A rare waterfront land assemblage comprising two contiguous parcels offered as-is, where-is with no attributable value to existing onsite structures. The combined waterfront acreage is approximately 2.47 acres, with parcel dimensions totaling approximately 248' x 230' x 248' x 218'. The property offers frontage of approximately 248 feet along the Sound of Fort Walton Beach and approximately 248 feet along Miracle Strip Parkway.

The assemblage is located within approximately 1/2 mile of the Brooks Bridge (under development and construction) and within a short walk of the historic downtown district of Fort Walton Beach. Zoning is MX-2 Mixed-Use (High Intensity), which supports a wide variety of land uses including multifamily, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential and nonresidential developments include items such as parking lots/structures, storage buildings, transit stops, and community or recreation facilities. Waterfront locations may include accessory facilities such as docks and boardwalks to support water-dependent uses.

The MX-2 zoning district provides a maximum density of 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. Buyer must verify zoning, development entitlements, riparian rights (dock/marina), and related approvals through the City of Fort Walton Beach, Okaloosa County, the Corps of Engineers, and FDEP. Access to the property is strictly prohibited unless properly scheduled with advance notice through the listing agent(s).