Fort Walton Beach Development
For Sale
$1,800,000
XXX NW Hill Avenue, Fort Walton Beach, FL 32548
16.31 acres with multiple zoning opportunities in Fort Walton Beach.
Property SizeContact for details
Lot Size16.31 Acres
Days on Market346
Property Features for XXX NW Hill Avenue
General Information
Standard status
Active
Lot size
16.31 Acres
Property subtype
Commercial
Listing Agency:
RE/MAX AGENCY ONE
(850) 682-8309
Listed By:
YOUR HOUSE TEAM
Source:
Corcoran
Added: Sep 1, 2025
Changed: Aug 12
Last Checked: Aug 12 at 7:03AM
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 AGENCY ONE
Investment Insights
Based on property information with market context.
This 16.31-acre property is located at the corner of NW Hill Avenue and Lovejoy Road in Fort Walton Beach. The site is currently zoned Community Facilities, but it adjoins City Commerce and Technology, Mixed Use, and R-1 Single-family zones, offering multiple zoning opportunities. The property benefits from its corner location at Hill and Lovejoy Rd, providing outstanding visibility and dual road access in a high-traffic area. Situated directly next to Okaloosa Academy and just north of Highway 98 near Hurlburt Field, the location is suitable for large-scale commercial development, industrial, or multifamily use. The size and placement of the property provide flexibility for a variety of projects, with strong connectivity to established business corridors and growth areas throughout Fort Walton Beach.
Key Highlights
- Large 16.31‑acre property with multiple zoning opportunities.
- Outstanding visibility and dual road access at the corner of NW Hill Avenue and Lovejoy Road.
- High‑traffic location near Hurlburt Field and Highway 98.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Explore this area
Business Placement
Demographics for 32548, FL
22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 16.31 acres with multiple zoning opportunities in Fort Walton Beach.
Where is this commercial land located?
The property is located at XXX NW Hill Avenue Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Large 16.31‑acre property with multiple zoning opportunities.; Outstanding visibility and dual road access at the corner of NW Hill Avenue and Lovejoy Road.; High‑traffic location near Hurlburt Field and Highway 98.
