Discover an unparalleled waterfront property offering endless possibilities for development. This rare gem consists of three adjacent parcels spanning over 400 feet of pristine water frontage, creating an exceptional opportunity for investors, developers, or visionary buyers.
Situated on 5 acres of prime land, this property boasts tremendous potential for commercial use or rezoning for residential development. Whether you envision a luxury waterfront community, an exclusive private estate, or a thriving commercial venture, this location provides the perfect canvas to bring your vision to life.
Adding to its appeal, this property has already been approved for condominium development, presenting a seamless opportunity for those looking to capitalize on a high-demand market.
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Listing Snapshot
Price
$5,000,000
Days On Site
398 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
5.03 Acres
Year Built
N/A
MLS® Number
971863
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 weeks ago
Price changed to $5,000,000
4 weeks ago
Listing updated with changes from the MLS®
4 weeks ago
Status changed to Active
a year ago
Listing first seen on site
General Features
Acres
5.03
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Utilities
Electricity Available
Zoning
Business, Commercial
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Exterior Features
Lot Features
Cleared
Waterfront
Yes
Community Features
MLS Area
12 – Fort Walton Beach
Roads
Paved
Schools
School District
Unknown
Elementary School
Florosa
Middle School
Bruner
High School
Fort Walton Beach
Listing courtesy of Spears Group of Compass
Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-04-24 06:01 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.