Sold
Last Sold Price
28,314 Lot Size0.65 Acres
16 Racetrack Rd NE, Fort Walton Beach, FL 32547
LandProperty Type
0.65 acresLot Size

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...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 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
  • Listed by: Nikki Segraves Wood 850.420.0955 nikki.segraves@era-american.com Brokerage DRE #220327 • ERA American Real Estate
  • Listed by: Mackenze R Bowman 850.231.1328 mack.bowman@era-american.com Brokerage DRE #2026638 • ERA American Real Estate
Listing closed: 06/25/2024 12:00 AM • Source: ECAR, MLS#: 932817

Recent comparable sales

Median sold price

$145,000

Avg days on market

174

Sale-to-list ratio

95.6%

Fort Walton Beach, FL

9 comparable properties found

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Location

Listing Courtesy of ERA American Real Estate

Sold By Sand Dunes Real Estate LLC

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Payment Calculator

$5,444 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,038

Property Taxes

$406

HOA Dues

$0

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Property Information for 16 Racetrack Road Northeast

Property Details
  • Taxes: $4,867 / year
  • MLS Type: Land / Vacant Land
  • Waterfront Features: Bayou
  • View: Bayou
  • Subdivision Name: MAGNOLIA MANOR
  • Waterfront YN: Yes
Building Information
  • Lot Size: 0.65 AC
Summary
Location and General Information
  • Directions: North on Eglin Parkway, West on Racetrack Road. Location is just prior to Mooney Road, East Side, on the North side of Racetrack. No Sign.
  • Road Frontage Type: County Road
  • MLS Area Minor: 1206 - Ocean City
  • MLS Area Major: 12 - Fort Walton Beach
  • Latitude: 30.448994
  • Longitude: -86.612393
  • Location Tax and Legal:Sub Area: 1206 - Ocean City
  • Location Tax and Legal:Elementary School: Shalimar
  • Location Tax and Legal:Middle School: Pryor
  • Location Tax and Legal:High School: Choctawhatchee
  • Location Tax and Legal:Legal Description: MAGNOLIA MANOR LOT 5
Taxes and HOA
  • Tax Legal Description: MAGNOLIA MANOR LOT 5
  • Parcel Number: 35-1S-24-1550-0005-0000
  • Association Fee: $0
  • Tax Annual Amount: $4,867
  • Listing Info Tax Legal:Last Taxes: $4,867
  • Listing Info Tax Legal:Last Tax Year: 2022.0
School Information
  • Elementary School: Shalimar
  • Middle Or Junior School: Pryor
  • High School: Choctawhatchee
Property
Lot Information
  • Lot Size Dimensions: 108x269x151x262
  • Lot Size Acres: 0.65
  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Lot Features: Interior, Within 1/2 Mile to Water
  • Lot Size Square Feet: 28314.0
  • General Property Info:Acreage: 0.65
  • Waterfront: Bayou
  • Waterfront Feet 2: 151
  • Waterview: Bayou2
  • Lot Features: Interior, Within 12 Mile to Water
  • Lot Access: County Road2, Paved Road2
Property and Assessments
  • Road Surface Type: Paved Road
  • Tax Year: 2022.0
  • Floor Plans Count: 0.0
  • Property Type: Land
  • Property Sub Type: Vacant Land
  • General Property Info:Sub-Type: Vacant Land
  • General Property Info:Mineral Rights: No
Utilities
  • Utilities: Public Water, Sewer Available
  • Utilities: Public Water, Sewer Available
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0.0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 16 Racetrack Road Northeast

DateEvent & SourcePriceAppreciation
Jun 25, 2024

Sold

ECAR #932817

$975,000
Feb 19, 2024

Pending

ECAR #932817

Sep 21, 2023

Listed (Active)

ECAR #932817

$975,000
DateEvent & SourcePrice
06/25/2024

Sold

ECAR #932817

$975,000
02/19/2024

Pending

ECAR #932817

09/21/2023

Listed (Active)

ECAR #932817

$975,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 16 Racetrack Road Northeast

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Shalimar Elementary School
PublicPK to 5

W. C. Pryor Middle School
Public6 to 8

Choctawhatchee Senior High School
Public9 to 12

Choice High School And Technical Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ERA American Real Estate

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.