237 Se Brooks St, Fort Walton Beach, FL 32548

$779,000
: 2
BD
: 2
BA
: 944
SqFt

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List Price: $779,000
Status: ACTIVE
Days on Market: 1
MLS#: 1012398
Subtype: Residential
Style: Cottage
Year Built: 1957
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Living Area: 944
Lot Size: 19,602
Acres: 0.45
Subdivision: Greater Camp Walton
Neighborhood: East Fort Walton Beach
MLS Area Major: Fort Walton Beach

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Property Description

Rare downtown Fort Walton Beach investment and redevelopment opportunity! Situated on approximately 0.45 acres, this unique property features two detached 1-bedroom, 1-bath cottages with immediate rental-income potential, plus a substantial amount of additional land offering exciting future possibilities. The property benefits from access/frontage along both Brooks Street SE and Alconese Avenue SE, creating exceptional flexibility for builders, developers and investors. Seller has obtained professional survey work and conceptual site plans illustrating multiple potential residential configurations. Enjoy a highly desirable location near downtown Fort Walton Beach, the waterfront, Brooks Bridge, dining, shopping and beaches, while mature trees provide a private setting. Hold the existing cottages as rentals, explore additional homesites, or consider a larger redevelopment vision. Conceptual plans have not been approved by the City. Buyer to independently verify zoning, subdivision, density, setbacks, utilities, flood requirements and all development potential.

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Additional Information

Interior Features: Washer Hookup
Exterior Features: Irrigation Pump, Sprinkler System
Taxes: $1,158
Property Description: Cottage
Zoning: City
Flooring: Laminate, Vinyl
Air Conditioning: Central Air, Window/Wall, Ceiling Fan(s)
Stories: 1
Roof: Shingle
Foundation: Slab
Elementary School: Elliott Point
Middle School: Meigs
High School: Choctawhatchee