$950,000

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

Commercial Property
Built in ——
1.02acre lot
—— car garage
$——/sqft
Listed 18 days ago

Property Description

Seize a high-density development opportunity ideally situated off Racetrack Rd in Fort Walton Beach. This 1.02-acre property falls within the Urban Development Area Boundary (UDAB), a designation in Okaloosa County that provides regulatory benefits for urban growth. The site comprises two adjacent parcels with an impressive 499 feet of combined road frontage - 327' on Skipper Ave and 172' on Katherine Street. Developing inside the UDAB allows you to maximize density and height with potential for up to 25 units (subject to final county approval), as well as benefitting from relaxed setback requirements, expedited development approval and potential tax benefits. An occupied duplex exists on the south end of the property on Skipper. May be razed or utilized for interim income.

Listing Status:: Active
Date Added:: November 28, 2025 at 06:00AM
Listing Office:: RE/MAX Coastal Properties : 850-837-9900
Listing Agent:: Ed & Terri Smith : 850-837-5500
MLS ID:: 990451

Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

Zoning: MU01-2S-24-1120-0010-0010

Source: Emerald Coast Association of REALTORS®

This listing courtesy of Ed & Terri Smith, RE/MAX Coastal Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Kenwood Elementary School

15 Eagle St NE, Fort Walton Beach, FL, 32547

Grades PK-5

1.13 miles away

W.C. Pryor Middle School

201 Racetrack Rd NW, Fort Walton Beach, FL, 32547

Grades 6-8

1.16 miles away

Choctawhatchee High School

110 Racetrack Rd NW, Fort Walton Beach, FL, 32547

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.