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    OFF-MARKET
    Industrial properties

    195 Brooks St, Fort Walton Beach, FL 32548

    4,062 SF 1.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,062 square foot flex space presents an unparalleled development opportunity. Situated on a prime 1.87-acre waterfront lot in historic downtown Fort Walton Beach, Florida, this property boasts 228 feet of deep-water frontage directly on the Intracoastal Waterway. Its strategic location just before the bridge to Okaloosa Island provides immediate access to numerous restaurants and convenient water access to Destin's renowned East Pass. The property's significant waterfront and prime location make it ideal for a variety of development projects, including a hotel, dry boat storage facility, or RV park. The address is 195 SE Brooks, Fort Walton Beach, FL 32548, within Okaloosa County. The asking price for this unique property is $4,250,000. This is a rare chance to acquire a landmark development site with exceptional waterfront access and visibility. The property's versatility and location offer significant potential for substantial returns. Don't miss this opportunity to own a piece of Fort Walton Beach's vibrant waterfront.

    Property profile
    Verified
    Property type Industrial properties
    Total area 4,062 SF
    Lot 1.87 ac (81,457 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Playground Inn Hotel & Motel Bed & Breakfast
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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