940 S Cedar Avenue, Niceville

$495,000

0 Bed
0 Bath
2.94 Acres
0 Garage

Discover a rare offering in one of Niceville's most established and desirable residential corridors. This strategically located 2.94-acre vacant parcel sits along S. Cedar Avenue--just two blocks from Choctawhatchee Bay--and is perfectly positioned for a boutique residential development or a collection of private homes.

Originally platted for 15 individual lots, the property now lends itself exceptionally well to a 4- or 5-lot configuration along Kailyn Court, offering generous homesite sizes, mature trees, and the charm of an established neighborhood setting. Utilities and public services are nearby, and the surrounding area features a blend of well-maintained single-family homes, quiet streets, and walkable access to the best of Old Niceville.

All information is believed to be accurate but is not guaranteed. Prospective buyers are responsible for independently verifying all information and determining the property's suitability for their intended use. All final terms are subject to negotiation and shall be set forth in a fully executed sales agreement between the parties. Unmatched Proximity & Lifestyle Amenities:

Top-Tier Schools: All primary and middle schools are within minutes, and Niceville High School is only a 3-minute drive, making this a perfect location for families seeking placement in one of Florida's most sought-after public school systems.

Military Convenience: Just 15 minutes to Eglin Air Force Base, providing a prime location for military families and investors looking to tap into strong and stable housing demand.

Outdoor Recreation: Stroll to the bayfront in under 5 minutes, launch a kayak or paddleboard, or enjoy the nearby parks and waterfront green spaces that define Niceville's relaxed coastal lifestyle.

Central Access: Minutes to Niceville's commercial districts, medical offices, shopping, restaurants, local cafés, and the expanding Niceville-Valparaiso cultural and civic amenities.

Regional Attractions: A short drive places you at Destin's white-sand beaches, the Emerald Coast's dining and retail hubs, and the region's renowned boating, fishing, and adventure destinations.

Ideal for: small-scale developers, custom home builders, or end-users seeking an infill opportunity with substantial upside in a high-demand, low-inventory market.

Essential Information
MLS® #990375
Price$495,000
Acres2.94
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address940 S Cedar Avenue
Area13 - Niceville
SubdivisionVALPARAISO PINECREST 5
CityNiceville
CountyOkaloosa
StateFL
Zip Code32578
Utilities

Electric, Public Sewer, Public Water, Gas Available

Lot Description

Corner Lot, Curb & Gutter, Easements, Low, Wetlands, Wooded

School Information
ElementaryPlew
MiddleRuckel
HighNiceville
Additional Information
ZoningCity, Resid Single Family
Listing Details
OfficeCentury 21 AllPoints Realty
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 9:38am CDT.