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161 Brooks Street, Fort Walton Beach, FL 32548

New Listing
$1,950,000
Property Type: Land Lot Size (sq. ft.): 39,204 Status: Active
Current Price: $1,950,000 List Date: 3/09/2026 Last Modified: 3/09/2026

Description

This waterfront property offers a strong redevelopment opportunity in Fort Walton Beach, with approximately 210 feet along the Intracoastal Waterway. Zoned MX-2 Mixed-Use High, the site supports a wide range of uses, including mixed-use, commercial, and other high-intensity development. The existing structure is being demolished, leaving the primary value in the land and its future potential. Demolition costs will be covered by the City through the Community Redevelopment Agency's nuisance-abatement program. The property will remain within the Downtown Design Overlay District, including the 100% impervious surface ratio allowance, maximizing development flexibility and site utilization. Its waterfront location and favorable zoning create a rare opportunity for redevelopment.

More Information MLS# 997423

Contract Info

Listing Board: Emerald Coast List Price/Acre: 2166666.67 List Date: 2026-03-09 List Price: $1,950,000

Location, Tax and Legal

Sub Area: 1202 - East Fort Walton Beach Elementary School: Elliott Point Middle School: Bruner High School: Choctawhatchee Legal Description: Parcel ID: 24-2S-24-2382-0000-0000

General Property Info

Sub-Type: Vacant Land Acreage: 0.9

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: This waterfront property offers a strong redevelopment opportunity in Fort Walton Beach, with approximately 210 feet along the Intracoastal Waterway. Zoned MX-2 Mixed-Use High, the site supports a wide range of uses, including mixed-use, commercial, and other high-intensity development. The existing structure is being demolished, leaving the primary value in the land and its future potential. Demolition costs will be covered by the City through the Community Redevelopment Agency's nuisance-abatement program. The property will remain within the Downtown Design Overlay District, including the 100% impervious surface ratio allowance, maximizing development flexibility and site utilization. Its waterfront location and favorable zoning create a rare opportunity for redevelopment.

Waterfront

Intracoastal Wtrwy: 1 Waterfront Feet: 210

Lot Features

Restrictions: 1 See Remarks: 1

Utilities

Electric: 1 Sewer Available: 1

Zoning

Business: 1 Commercial: 1 Resid Multi-Family: 1 See Remarks: 1

None

Current Price: $1,950,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: 161 Street Name: Brooks Street Suffix: Street Area: 12 - Fort Walton Beach State: FL Zip Code: 32548 County: Okaloosa Project Name/Subdivision: STEAMBOAT LANDING Parcel ID: 24-2S-24-2382-0000-0000

Property Features

Lot Features: Restrictions; See Remarks Zoning: Business; Commercial; Resid Multi-Family; See Remarks Waterfront: Intracoastal Wtrwy Utilities: Electric; Sewer Available
Listing Office: Bellcore Commercial LLC
Last Updated: March - 09 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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