206 NW Racetrack Road, Fort Walton Beach, FL 32547

$610,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 26,136 Status: Sold
Current Price: $650,000 List Date: 11/03/2021 Last Modified: 10/13/2024

Description

This commercial site is ideally located in Fort Walton Beach, Florida with frontage along Racetrack Road and situated immediately adjacent to the 300+ unit ARIUM Emerald Isle apartment complex; across the street from Pryor Middle School (700+ students); and, two parcels down from Choctawhatchee High School (1,600+ students). Originally built and operated as a bank branch, this building is currently leased and in active retail operation as a Tropical Smoothie Cafe. The building could once again serve as a bank branch, retail operation or be cleared for new development after the expiry of the current lease. Financial and lease information available upon inquiry. Please contact listing agents for more information.

More Information MLS# 885105

Contract Info

GCCMLS Number: 30771406 Listing Board: Emerald Coast List Date: 2021-11-01 List Price: $650,000

Location, Tax and Legal

Sub Area: 1208 - Kenwood/Golf Course Legal Description: COM NW COR OF NE1/4 OF SE1/4 OF SW1/4 E50 FT S429 FT E410 FT S380 FT W110 FT S300 FT TO POB S200 FT W130 FT N200 FT E130 FT TO POB AS OR

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No Lot Depth: 200 Zoning: Mixed Use Lot Frontage: 130 Acreage: 0.6

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: This commercial site is ideally located in Fort Walton Beach, Florida with frontage along Racetrack Road and situated immediately adjacent to the 300+ unit ARIUM Emerald Isle apartment complex; across the street from Pryor Middle School (700+ students); and, two parcels down from Choctawhatchee High School (1,600+ students). Originally built and operated as a bank branch, this building is currently leased and in active retail operation as a Tropical Smoothie Cafe. The building could once again serve as a bank branch, retail operation or be cleared for new development after the expiry of the current lease. Financial and lease information available upon inquiry. Please contact listing agents for more information.

Class

Income Producing: 1 Retail: 1

Construction Status

Existing: 1

Retail

Property Type: Freestanding Building SqFt: 1830 # of Units: 1

Income Producing

Property Type: Retail

None

Current Price: $610,000

Status Change Info

Status: Sold Under Contract Date: 2022-04-20 Sold Date: 2022-06-22 Sold Price: $610,000

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 206 Street Direction: NW Street Name: Racetrack Street Suffix: Road State: FL Zip Code: 32547 County: Okaloosa Parcel ID: 35-1S-24-0000-0042-000F

Property Features

Class: Income Producing; Retail Construction Status: Existing
Listing Office: Southern Ventures
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.