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

    • Live-work space
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Live-work space

    Property Details for 195 SE Brooks Fort Walton Beach, FL 32548

    Property type
    Live-work space
    Property subtype
    Mixed-use properties

    Description

    Unparalleled development opportunity with this prime 1.87-acre waterfront parcel, ideally situated in historic downtown Fort Walton Beach. This exceptional property boasts 228 feet of deep-water frontage directly on the Intercoastal Waterway, making it perfect for a variety of development projects including a hotel, dry water boat storage, or RV park. Located just before the bridge to Okaloosa Island, this parcel offers immediate access to several restaurants and is minutes by water to the renowned East Pass in Destin. With its prime location and significant waterfront, this site is poised to become a landmark destination. Owner is open to owner financing and a long-term ground lease.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    State
    Florida
    Longitude
    -86.6170308
    Latitude
    30.4200708

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      213 Staff Dr

      Residential income homes • 0.32 Acres
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      1.87 Acres Land For Sale - 195 Brooks St SE

      1.87 Acres Land For Sale - 195 Brooks St SE
      195 Brooks St SE, Fort Walton Beach, FL 32548
      View Details
    • Value Estimation by Request

      334 Bluefish Dr

      Land
      334 Bluefish Dr, Fort Walton Beach, FL 32548
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      0.84 Acres

      Carol Ave

      Land • 0.84 Acres
      0 Carol Ave, Fort Walton Beach, FL 32548
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    • Value Estimation by Request
      2,208 SF

      213 Hollywood NE Blvd

      STORE/OFFICE (MIXED USE) • 2,208 SF
      213 Hollywood NE Blvd, Fort Walton Beach, FL 32548-5704
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    • Value Estimation
      $390,000
      5,849 SF

      221 Santa Rosa Blvd

      STORE/OFFICE (MIXED USE) • 5,849 SF
      221 Santa Rosa Blvd, Fort Walton Beach, FL 32548-6161
      View Details

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    Similar Nearby for Lease

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    Fort Walton Beach, FL 32548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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