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HUGE REDUCTION OF OVER $100K! SELLER IS READY TO SELL...BRING OFFERS! This BEAUTIFUL, WATER-FRONT site is just under one (1) acre. Multi-Family (16 unit complex) with 1 commercial structure. Upon development, the property could produce a gross monthly income of $8000+. The property has an existing BEACH AREA, an existing SEA WALL, and a DOCK that can be restored. This is a highly desirable area for long-term rentals close to Hurlburt Field in Okaloosa County near Fort Walton Beach, FL. Property could also be cleared for development at 16 units/acre for Multi-Family or 6 units/acre for Single-Family Residence. Conceptuals available upon request.
From Ft. Walton Beach, go west on US Hwy 98 W past Hurlburt Field in Mary Esther. The property is another 1.5 miles on the left directly across the street from Sunrise Marina.
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