Residential Land in Niceville
For Sale
$495,000
940 Cedar Ave S, Niceville, FL 32578
2.94-acre vacant parcel ideal for residential development or private homes.
Property SizeContact for details
Lot Size2.94 Acres
Days on Market337
Property Features for 940 Cedar Ave S
General Information
Standard status
Active
Lot size
2.94 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,061
Listing Agency:
Century 21 AllPoints Realty
(850) 837-7800
Listed By:
Jim Ball · License #3253519
(850) 685-2925
Source:
Exprealty
Added: Nov 26, 2025
Changed: Oct 25
Last Checked: Oct 28 at 1:42PM
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 Century 21 AllPoints Realty
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Investment Insights
Based on property information with market context.
Located along S. Cedar Avenue, two blocks from Choctawhatchee Bay, this 2.94-acre vacant parcel is positioned for a residential development or a collection of private homes. The property was originally platted for 15 individual lots, and now lends itself to a 4- or 5-lot configuration along Kailyn Court. The site offers homesite sizes, mature trees, and an established neighborhood setting. Utilities and public services are nearby. The surrounding area features single-family homes, quiet streets, and walkable access to Old Niceville. All primary and middle schools are within minutes, and Niceville High School is a 3-minute drive away. Eglin Air Force Base is 15 minutes away. The bayfront is under 5 minutes away, with nearby parks and waterfront green spaces. Niceville's commercial districts, medical offices, shopping, restaurants, local cafés, and the Niceville-Valparaiso cultural and civic amenities are also nearby. Destin's beaches, the Emerald Coast's dining and retail hubs, and boating, fishing, and adventure destinations are a short drive away. This property is suitable for small-scale developers, custom home builders, or end-users seeking an infill opportunity.
Key Highlights
- Prime location in a desirable Niceville neighborhood, two blocks from Choctawhatchee Bay.
- Ideal for a boutique residential development (4‑5 lots) or private homes on a large 2.94‑acre parcel, offering development potential.
- Located within minutes of top‑rated primary, middle, and Niceville High School.
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Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
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Business Placement
Demographics for 32578, FL
35,075
Population
14,578
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
23.2 sq mi
ZIP Area
1,512
Density / Sq Mi
$105,858
Median Household Income
$52,028
Median Earnings
$1,744
Median Rent
$414,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.94-acre vacant parcel ideal for residential development or private homes.
Where is this residential land & home lot located?
The property is located at 940 Cedar Ave S Niceville, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime location in a desirable Niceville neighborhood, two blocks from Choctawhatchee Bay.; Ideal for a boutique residential development (4‑5 lots) or private homes on a large 2.94‑acre parcel, offering development potential.; Located within minutes of top‑rated primary, middle, and Niceville High School.
