112 NW Racetrack Road, Fort Walton Beach, FL 32547

$668,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 75,359 Status: Sold
Current Price: $750,000 List Date: 7/25/2022 Last Modified: 10/13/2024

Description

Sale includes 4 lots total. approx 1.73 acres total, 112 Racetrack .78 acres Frontage 112 depth 350 zoned service shops, with one concrete building 1756 sqft heated, 2074 total built in 1960. Parcel 36-1S-24-0650-0004-0070 / .36 acres for Racetrack Rd zoned commercial vacant Frontage 56 depth 320, Parcel 01-2S-24-2470-0005-0010 / .39 acres for 912 Barrow street, frontage 185. Parcel 01-2S-24-2470-0005-0040 / .019 acres for Barrow street Frontage 40 Zoned commercial vacant. Last largest remaining duel frontage buildable lots on Racetrack. Many opportunities for buyer to consider. The property is currently rented out to numerous companies, all on a month to month lease. Buyer can continue leasing out to current tenants, or end lease and build to suit needs.

More Information MLS# 904482

Contract Info

GCCMLS Number: 30811809 Listing Board: Emerald Coast List Date: 2022-07-23 List Price: $750,000

Location, Tax and Legal

Sub Area: 1206 - Ocean City Legal Description: .78 acres: THE DON PLACE S/D LOT 8 BLK 4 .36 acres: THE DON PLACE S/D E1/2 OF LOT 7 BLK 4 .39 acres TOM BARROW S/D LOTS 1 TO 3 INC BLK 5 .19 acres: TOM BARROW S/D WLY 40 FT LOT 4 BLK 5

General Property Info

Listed on GCCMLS: No Vacant: No Immediate Occupancy: Yes Lot Depth: 350 Zoning: commercial Lot Frontage: 112 Acreage: 1.73

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Sale includes 4 lots total. approx 1.73 acres total, 112 Racetrack .78 acres Frontage 112 depth 350 zoned service shops, with one concrete building 1756 sqft heated, 2074 total built in 1960. Parcel 36-1S-24-0650-0004-0070 / .36 acres for Racetrack Rd zoned commercial vacant Frontage 56 depth 320, Parcel 01-2S-24-2470-0005-0010 / .39 acres for 912 Barrow street, frontage 185. Parcel 01-2S-24-2470-0005-0040 / .019 acres for Barrow street Frontage 40 Zoned commercial vacant. Last largest remaining duel frontage buildable lots on Racetrack. Many opportunities for buyer to consider. The property is currently rented out to numerous companies, all on a month to month lease. Buyer can continue leasing out to current tenants, or end lease and build to suit needs.

Class

Income Producing: 1 Land: 1 Other: 1

Construction Status

Existing: 1

Land

Property Type: Commercial

Income Producing

Year Built: 1960 Property Type: Other (See Remarks)

Other

# of Units: 1

None

Current Price: $668,000

Status Change Info

Status: Sold Under Contract Date: 2022-07-28 Sold Date: 2023-01-30 Sold Price: $668,000

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 112 Street Direction: NW Street Name: Racetrack Street Suffix: Road State: FL Zip Code: 32547 County: Okaloosa Parcel ID: 36-1S-24-0650-0004-0080

Property Features

Class: Income Producing; Land; Other Construction Status: Existing
Listing Office: Keller Williams Realty FWB
Last Updated: October - 13 - 2024
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.