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120 NE Racetrack Road, Fort Walton Beach, FL 32547

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For Sale

$1,300,000

0.9 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.9 acres
    Lot size

Explore this Property

Prime Investment Opportunity Now! Act fast to secure nearly 1 acre of prime real estate on Racetrack Road, featuring over 200 feet of road frontage and additional access from Barrow Street. Seller is willing to split the parcels. Front Parcel (Racetrack Road Parcel can be purchased separate for $1,100,000) OR purchase this exceptional package including three C-3 zoned parcels, offering endless development possibilities, including multi-family units. The owner's vision was to build four townhomes on the rear two parcels and utilizing the front portion for a business requiring a gated fleet area. Don't miss out on this rare chance to develop in a highly desirable location. Contact us today!
MLS# 977964

Courtesy Of ERA American Real Estate

(850) 651-2454

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.9 Acres

Map and Directions

Directions to 120 NE Racetrack Road, Fort Walton Beach, FL 32547

Home seller CENTURY 21 AllPoints Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AllPoints Realty

(850) 678-5161
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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