98 And 114 Skipper Avenue, Fort Walton Beach

$890,000

0 Bed
0 Bath
1.02 Acres
0 Garage

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. Buyer to verify lot dimensions.

Essential Information
MLS® #990451
Price$890,000
Acres1.02
TypeCommercial Sale
StatusActive
Community Information
Address98 And 114 Skipper Avenue
Area12 - Fort Walton Beach
CityFort Walton Beach
CountyOkaloosa
StateFL
Zip Code32547
Additional Information
ZoningMU
Listing Details
OfficeRE/MAX Coastal Properties
Property History
Price Reduced from $950,000 to $890,000
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Listing information last updated on October 19th, 2026 at 1:37pm CDT.