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TBD NW Hill Ave
Fort Walton Beach, FL 32548
XXX (TBD) NW Hill Ave · Land For Sale
·
16.31 AC
INVESTMENT HIGHLIGHTS
- Prime 16.31-acre corner site with dual road access
- Multiple zoning opportunities for commercial, industrial, or multifamily use
- High-traffic location with strong connectivity to business corridors
- Outstanding visibility at NW Hill Avenue and Lovejoy Road
- Adjacent to Okaloosa Academy and minutes from Highway 98 and Hurlburt Field
EXECUTIVE SUMMARY
Multiple zoning opportunities! Currently zoned Community Facilities but Adjoining City Commerce and Technology, Mixed Use, and R-1 Single-family, This 16.31 acres is positioned at the corner of NW Hill Avenue and Lovejoy Road in Fort Walton Beach. This property offers outstanding visibility, Hill and Lovejoy Rd corner, and dual road access in a high-traffic area. Situated directly next to Okaloosa Academy, just north of Highway 98 near Hurlburt Field, the location is well-suited for large-scale commercial development, Industrial, or multifamily use. Its size and placement provide flexibility for a variety of projects, with strong connectivity to established business corridors and growth areas throughout Fort Walton Beach.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 16.31 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Multi Zoning - Currently zoned Community Facilities but Adjoining City Commerce and Technology, Mixed Use, and R-1 Single-family | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 16.31 AC |
| Opportunity Zone |
Yes |
| Zoning | Multi Zoning - Currently zoned Community Facilities but Adjoining City Commerce and Technology, Mixed Use, and R-1 Single-family |
1 LOT AVAILABLE
Lot
| Price | $2,512,656 CAD | Lot Size | 16.31 AC |
| Price Per AC | $154,056.17 CAD |
| Price | $2,512,656 CAD |
| Price Per AC | $154,056.17 CAD |
| Lot Size | 16.31 AC |
16.31-acre corner site at NW Hill Avenue and Lovejoy Road in Fort Walton Beach. High-traffic location with dual road access and excellent visibility. Surrounded by multiple zoning districts.
DESCRIPTION
Strategically positioned in a growing corridor, this property combines size, accessibility, and visibility for large-scale projects. Current zoning is Community Facilities, with adjoining areas zoned for City Commerce and Technology, Mixed Use, and R-1 Single-Family. Its proximity to major routes and established businesses makes it ideal for developers seeking strong connectivity and long-term growth potential.
PROPERTY TAXES
| Parcel Number | 08-2S-24-0000-0005-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,808,417 CAD | Total Assessment | $1,808,417 CAD |
PROPERTY TAXES
Parcel Number
08-2S-24-0000-0005-0000
Land Assessment
$1,808,417 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,808,417 CAD
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