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

This offering consists of a combined, two-parcel waterfront assemblage totaling approximately 2.47 acres, presented as-is, where-is, with no attributable value given to existing onsite structures. The combined parcel dimensions are reported as 248' x 230' x 248' x 218'. The assemblage includes approximately 248' of waterfront frontage on the Sound of Fort Walton Beach and approximately 248' along Miracle Strip Parkway.

The property is located at 54 SE Miracle Strip Parkway in Fort Walton Beach, Florida, in Okaloosa County. The listing remarks indicate proximity to Brooks Bridge (under development and construction) and a short walk to the historic downtown district of Fort Walton Beach. Buyer must verify zoning details, potential development entitlements, riparian rights related to dock or marina use with the City of Fort Walton Beach, Okaloosa County, and other applicable agencies including the Corps of Engineers and FDEP.

Zoned MX-2 Mixed-Use (High Intensity) per the City of Fort Walton Beach land development code, the district is described as allowing a wide range of uses including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential development may include onsite amenities such as recreation facilities and parking-related uses, while accessory uses for nonresidential development may include parking lots or structures, storage buildings, or transit stops. Reported limits include a maximum density of 30.0 dwelling units per acre, with bonus provisions potentially allowing up to 45.0 units per acre, and a maximum nonresidential floor area ratio of 2.0 FAR, with possible bonus provisions up to 3.0 FAR.