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195 SE Brooks Fort Walton Beach, FL 32548 Fort Walton Beach, FL 32548

OFF-MARKET Live-work space Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

The property is a 1.87-acre waterfront site in historic downtown Fort Walton Beach with 228 feet of deep-water frontage on the Intracoastal Waterway, offering water access to the East Pass in Destin. It is located immediately before the bridge to Okaloosa Island and is positioned within the downtown area with nearby dining and commercial amenities. The site is suited for a range of development concepts, including hotel development, dry boat storage, and/or RV park use, subject to applicable zoning and permitting. The listing references rentable space totaling 4 square feet, with usable square footage noted as 0, while the primary value is attributed to the size and development capacity of the acreage.

Property profile

Verified
Property type Live-work space

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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