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777 BEAL PKWY, FORT WALTON BEACH, FL 32547 (MLS # 599654)

Price $3,900,000
Beds
Baths
Home size sq ft
Lot Size
Days on Market 224

777 BEAL PKWY, FORT WALTON BEACH, FL 32547 (MLS # 599654)

Unique Investor Opportunity to own 7.5 acres with 485 front feet on Beal Parkway (State 189) in the midst of one of Fort Walton Beach's major retail neighborhoods! Earn good income with the existing going concern. Keep this in place or at least while you plan your future development for all or some of the property. Consisting of 6 contiguous parcels making up this well-established RV park, this property contains 68 monthly RV sites, 42 "pull-thru" or storage sites, a small single-family house, several support buildings (office, laundry, maintenance, storage) and a bakery building leased to the same bakery for over 40 years. Other than the bakery and house, income is generated by lot rent, so maintenance expenses are minimal. This property is in a fantastic location, directly across from Lowes, diagonally across from Walmart and Sam's and just a block south of Winn-Dixie & Kohl's. The total parcel has road frontage on three streets: 485' on Beal Pkwy, 790' on Yancy St., and 485' on Koon St. Zoning for the entire parcel consists of "Mixed-Use" and "Commercial". The development potential is tremendous. Check out the recent Lowes outparcel sale directly across the street, where new retail construction is underway now. According to public records, this site sold at 1/3 higher than our pricing (do the math). Contact your investors now! This could be exactly what they've been looking for. >>>Please do not disturb or interact with tenants <<<

Property Type(s):

Last Updated Jul 01, 2013 Stories
Year Built 1962 Community
Garage Spaces County OKALOOSA
Total Parking Walk Score ®  

Additional Details

Acres 7.500000 Assoc Dues
Assoc Term County
Cross Streets Lot #
Lot Dimensions TGNO
Model Code Model Name
# Garages Stories
AP # Tract #

Features

Energy
Construction Status Existing
Construction
Style
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Exterior
HOA Included
Interior
Leases
Room Descriptions
Parking
Facilities
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Water View
Internet All
Sale Type As Is

Location

Listed with SeaHorse Realty Inc




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777 BEAL PKWY, FORT WALTON BEACH, FL 32547 (MLS # 599654)

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