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    6595 Florida Ave Laurel Hill, FL 32567

    For Sale
    $3,140,000

    155 Lots, 87 Acres, Hwy 85 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 87.14-acre commercial land parcel presents a remarkable development opportunity in Laurel Hill, Florida. Located at 6595 Florida Ave, 32567, this property boasts an approved Okaloosa County Master Plan Development Order, paving the way for immediate development. Final engineering is nearing completion, projected for April 2023. The site encompasses a total of 155 lots, strategically positioned for residential single-family development (as per permitted zoning). Its convenient location offers easy access to Highway 85, placing it within close proximity to local shopping, dining, and entertainment venues. The expansive acreage provides ample space for a substantial residential community. While a survey is needed to determine the precise acreage, the master parcel (excluding a homestead) totals 107 acres. This property is being offered at $3,140,000. Showings are by appointment only. Don't miss this chance to acquire a prime development site in a thriving Florida community.

    Property Features for 6595 Florida Ave

    General Information

    Property type
    Land
    Lot Size
    3,795,818 SF

    HighLights

    • $3,140,000 asking price.
    • 87.14‑acre commercial land parcel.
    • Located in Laurel Hill, FL, Okaloosa County, at 6595 Florida Ave, 32567.
    • Zoned for Residential Single Family.
    • Okaloosa County‑approved Master Plan Development Order; final engineering nearing completion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Food Market Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel Hill
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.438974
    Latitude
    30.9158552

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    FAQs

    What type of property is this?
    Land - 155 Lots, 87 Acres, Hwy 85 Access
    Where is this land located?
    The property is located at 6595 Florida Ave Laurel Hill, FL.
    What is the asking price?
    The asking price for this property is $3,140,000.
    What are key features of this property?
    This property features: $3,140,000 asking price.; 87.14-acre commercial land parcel.; Located in Laurel Hill, FL, Okaloosa County, at 6595 Florida Ave, 32567.
    (850) 398-8898
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    6595 Florida Ave Laurel Hill, FL 32567
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    Laurel Hill, FL 32567
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6595 Florida Ave Laurel Hill, FL 32567
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