Fort Walton Beach Development
For Sale
$950,000
98 and 114 Skipper Avenue, Fort Walton Beach, FL 32547
1.02-acre property for high-density development in Fort Walton Beach.
Property SizeContact for details
Lot Size1.02 Acres
Days on Market257
Property Features for 98 and 114 Skipper Avenue
General Information
Standard status
Active
Lot size
1.02 Acres
Property subtype
Commercial
Listing Agency:
RE/MAX COASTAL PROPERTIES
(850) 837-9900
Listed By:
ED & TERRI SMITH · License #502505
Source:
Corcoran
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:08AM
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 RE/MAX COASTAL PROPERTIES
Investment Insights
Based on property information with market context.
This 1.02-acre property presents a high-density development opportunity off Racetrack Rd in Fort Walton Beach. Situated within the Urban Development Area Boundary (UDAB) of Okaloosa County, the site benefits from regulatory advantages designed to promote urban growth. The property consists of two adjacent parcels, offering a combined road frontage of 499 feet, with 327 feet on Skipper Ave and 172 feet on Katherine Street. Development inside the UDAB allows for maximized density and height, with the potential for up to 25 units, subject to county approval. Relaxed setback requirements, expedited development approval, and potential tax benefits may also be available. An occupied duplex is located on the south end of the property on Skipper Ave, which may be razed or utilized for interim income.
Key Highlights
- High‑density development opportunity within the Urban Development Area Boundary (UDAB).
- Potential for up to 25 units (subject to county approval) due to UDAB designation.
- Significant road frontage: 499 feet combined (327' on Skipper Ave and 172' on Katherine Street).**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Explore this area
Business Placement
Demographics for 32547, FL
35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.02-acre property for high-density development in Fort Walton Beach.
Where is this residential land & home lot located?
The property is located at 98 and 114 Skipper Avenue Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High‑density development opportunity within the Urban Development Area Boundary (UDAB).; Potential for up to 25 units (subject to county approval) due to UDAB designation.; Significant road frontage: 499 feet combined (327' on Skipper Ave and 172' on Katherine Street).**
