16 NE Racetrack Road, Fort Walton Beach, FL 32547

$975,000
Property Type: Land Lot Size (sq. ft.): 28,314 Status: Sold
Current Price: $975,000 List Date: 9/21/2023 Last Modified: 3/25/2026

Description

This pristine stretch of waterfront currently serves as a stunning wedding venue, boasting picturesque waterfront vistas and the most enchanting sunsets imaginable as a backdrop. Picture the perfect harmony between this property and the neighboring commercial gem, where the possibilities are as vast as the horizon. Whether you dream of expanding your business, seamlessly blending commercial and event spaces, or enhancing the charm of this idyllic location, the canvas for your ambitions awaits. This parcel presents an extraordinary opportunity to elevate your vision to new heights, ensuring that your establishment becomes the ultimate destination for unforgettable moments and cherished memories. Don't let this rare opportunity slip through your fingers—acquire not one

Supplements: but two waterfront gems that can be effortlessly melded to provide a one-of-a-kind and unparalleled experience for discerning clientele. Reach out to us today to explore the boundless potential of this remarkable commercial offering. Contact us today or get in touch with your preferred Real Estate Agent to embark on your journey toward making this exceptional commercial waterfront property your own. The canvas is primed, and the stage is set for your vision to shine. Second Parcel available is MLS 932769

More Information MLS# 932817

Status Change Info

Sold Price/Acre: 1500000 Status: Sold Under Contract Date: 2024-02-19 Sold Date: 2024-06-25 Sold Price: $975,000

Contract Info

Listing Board: Emerald Coast List Price/Acre: 1500000 List Date: 2023-09-20 List Price: $975,000

Location, Tax and Legal

Sub Area: 1206 - Ocean City Elementary School: Shalimar Middle School: Pryor High School: Choctawhatchee Legal Description: MAGNOLIA MANOR LOT 5

General Property Info

Sub-Type: Vacant Land Acreage: 0.65 Mineral Rights: No

Listing Info, Tax & Legal

Who Paid Commissions: Seller Who Paid Doc Stamps: Seller Who Paid Title: Buyer Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 4867.41 Last Tax Year: 2022 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: This pristine stretch of waterfront currently serves as a stunning wedding venue, boasting picturesque waterfront vistas and the most enchanting sunsets imaginable as a backdrop. Picture the perfect harmony between this property and the neighboring commercial gem, where the possibilities are as vast as the horizon. Whether you dream of expanding your business, seamlessly blending commercial and event spaces, or enhancing the charm of this idyllic location, the canvas for your ambitions awaits. This parcel presents an extraordinary opportunity to elevate your vision to new heights, ensuring that your establishment becomes the ultimate destination for unforgettable moments and cherished memories. Don't let this rare opportunity slip through your fingers—acquire not one

Waterfront

Bayou: 1 Waterfront Feet: 151

Waterview

Bayou: 1

Lot Features

Interior: 1 Within 1/2 Mile to Water: 1

Lot Access

County Road: 1 Paved Road: 1

Utilities

Public Water: 1 Sewer Available: 1

Zoning

See Remarks: 1

Financing

Conventional: 1

None

Current Price: $975,000

Location Tax and Legal

Street #: 16 Street Direction: NE Street Name: Racetrack Street Suffix: Road Area: 12 - Fort Walton Beach State: FL Zip Code: 32547 County: Okaloosa Project Name/Subdivision: MAGNOLIA MANOR Parcel ID: 35-1S-24-1550-0005-0000

Property Features

Lot Access: County Road; Paved Road Lot Features: Interior; Within 1/2 Mile to Water Zoning: See Remarks Waterfront: Bayou Waterview: Bayou Utilities: Public Water; Sewer Available Financing: Conventional
Listing Office: ERA American Real Estate
Last Updated: March - 25 - 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.