940 S Cedar Avenue, Niceville, FL 32578

$495,000
Property Type: Land Lot Size (sq. ft.): 128,066 Status: Active
Current Price: $495,000 List Date: 11/26/2025 Last Modified: 11/26/2025

Description

Discover a rare offering in one of Niceville's most established and desirable residential corridors. This strategically located 2.94-acre vacant parcel sits along S. Cedar Avenue—just two blocks from Choctawhatchee Bay—and is perfectly positioned for a boutique residential development or a collection of private homes. Originally platted for 15 individual lots, the property now lends itself exceptionally well to a 4- or 5-lot configuration along Kailyn Court, offering generous homesite sizes, mature trees, and the charm of an established neighborhood setting. Utilities and public services are nearby, and the surrounding area features a blend of well-maintained single-family homes, quiet streets, and walkable access to the best of Old Niceville.

Supplements: Unmatched Proximity & Lifestyle Amenities: Top-Tier Schools: All primary and middle schools are within minutes, and Niceville High School is only a 3-minute drive, making this a perfect location for families seeking placement in one of Florida's most sought-after public school systems. Military Convenience: Just 15 minutes to Eglin Air Force Base, providing a prime location for military families and investors looking to tap into strong and stable housing demand. Outdoor Recreation: Stroll to the bayfront in under 5 minutes, launch a kayak or paddleboard, or enjoy the nearby parks and waterfront green spaces that define Niceville's relaxed coastal lifestyle. Central Access: Minutes to Niceville's commercial districts, medical offices, shopping, restaurants, local cafés, and the expanding Niceville-Valparaiso cultural and civic amenities. Regional Attractions: A short drive places you at Destin's white-sand beaches, the Emerald Coast's dining and retail hubs, and the region's renowned boating, fishing, and adventure destinations. Ideal for: small-scale developers, custom home builders, or end-users seeking an infill opportunity with substantial upside in a high-demand, low-inventory market.

More Information MLS# 990375

None

Current Price: $495,000

Status Change Info

Status: Active

Contract Info

List Date: 2025-11-26 List Price: $495,000 Listing Board: Emerald Coast List Price/Acre: 168367.35

Location Tax and Legal

Street #: 940 Street Direction: S Street Name: Cedar Street Suffix: Avenue Area: 13 - Niceville State: FL Zip Code: 32578 County: Okaloosa Project Name/Subdivision: VALPARAISO PINECREST 5 Parcel ID: 05-1S-22-256E-0067-0010

General Property Info

Sub-Type: Vacant Land Mineral Rights: No Acreage: 2.94

Property Features

Sale Type: Accept Backup Offers Lot Access: City Road; Paved Road Lot Features: Corner; Curb & Gutter; Easements; Low; Wetlands; Wooded Zoning: Resid Single Family Utilities: Electric; Gas Available; Public Sewer; Public Water
Listing Office: Century 21 AllPoints Realty
Last Updated: November - 26 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Your New property is Just a Click Away!