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Urban Development Area Commercial Land
For Sale
$950,000

98 and 114 Skipper Avenue, Fort Walton Beach, FL 32547

Commercial for Sale, Fort Walton Beach, FL

Property SizeContact for details
Lot Size1.02 Acres
Days on Market287

Property Features for 98 and 114 Skipper Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU
Directions From Racetrack Rd take Skipper Ave south. Property is on the left
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 01-2S-24-1120-0010-0010
Lot size 1.02 Acres

Taxes and HOA fees

Tax Description HARRIS S/D LOTS 1 and 2 BLK 10 01-2S-24-1120-0010-0010 and HARRIS S/D LOT 3 BLK 10 01-2S-24-1120-0010-0030
Legal Description HARRIS S/D LOTS 1 and 2 BLK 10 01-2S-24-1120-0010-0010 and HARRIS S/D LOT 3 BLK 10 01-2S-24-1120-0010-0030
Listing Agency: RE/MAX Coastal Properties · RE/MAX International
Listed By: Ed & Terri Smith · License #502505
Added: Nov 28, 2025 Changed: Sep 11 Last Checked: Sep 11 at 4:06PM
MLS# 990451

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.02-acre commercial land offering consists of two adjoining parcels with MU zoning and an occupied duplex positioned on the southern portion along Skipper Avenue. The duplex may be removed or retained for interim income while future plans are evaluated.

The property lies within the Urban Development Area Boundary in Okaloosa County, with 499 feet of combined road frontage: 327 feet along Skipper Avenue and 172 feet along Katherine Street. The designation may support development of up to 25 units, subject to final county approval, along with potential flexibility for setbacks, height, and approval procedures. Buyer to verify lot dimensions and development requirements.

Key Highlights

  • 1.02‑acre commercial land site within the Urban Development Area Boundary
  • Two adjacent parcels zoned MU
  • 499 feet of combined road frontage

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel MU-zoned site with an existing duplex and development capacity subject to county approval.
Where is this commercial land 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: 1.02‑acre commercial land site within the Urban Development Area Boundary; Two adjacent parcels zoned MU; 499 feet of combined road frontage
More about this property
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