Rare downtown Fort Walton Beach investment and redevelopment opportunity! Situated on approximately 0.45 acres, this unique property features two detached 1-bedroom, 1-bath cottages with immediate rental-income potential, plus a substantial amount of additional land offering exciting future possibilities. The property benefits from access/frontage along both Brooks Street SE and Alconese Avenue SE, creating exceptional flexibility for builders, developers and investors. Seller has obtained professional survey work and conceptual site plans illustrating multiple potential residential configurations. Enjoy a highly desirable location near downtown Fort Walton Beach, the waterfront, Brooks Bridge, dining, shopping and beaches, while mature trees provide a private setting. Hold the existing cottages as rentals, explore additional homesites, or consider a larger redevelopment vision. Conceptual plans have not been approved by the City. Buyer to independently verify zoning, subdivision, density, setbacks, utilities, flood requirements and all development potential.
For sale
$779,000
237 Brooks St SE, Fort Walton Beach, FL 32548
2beds
944sqft
Single Family Residence
Built in 1957
0.45 Acres Lot
$-- Zestimate®
$825/sqft
$-- HOA
What's special
- 17 days
- 243
- 16
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
James P Ruckel 850-240-7705,
Berkshire Hathaway HomeServices
Source: ECAOR,MLS#: 1012398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 256 Square Feet
- Dimensions: 16 x 16
Bedroom
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Living room
- Level: First
- Area: 256 Square Feet
- Dimensions: 16 x 16
Living room
- Level: First
- Area: 240 Square Feet
- Dimensions: 24 x 10
Cooling
- Central Air, Window Unit(s), Ceiling Fan(s)
Appliances
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Laminate, Vinyl
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 944
- Total interior livable area: 944 sqft
Property
Features
- Stories: 1
- Patio & porch: Screened
- Exterior features: Lawn Pump, Sprinkler System
- Fencing: Partial
Lot
- Size: 0.45 Acres
- Dimensions: 70.04 x 165.52 x 142.40 x 76.28
- Features: Level, Within 1/2 Mile to Water
Details
- Parcel number: 242S24107000000550
- Zoning description: City
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Construction Complete
- New construction: No
- Year built: 1957
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: GREATER CAMP WALTON
Location
- Region: Fort Walton Beach
Financial & listing details
- Price per square foot: $825/sqft
- Annual tax amount: $1,158
- Date on market: 9/21/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Listed for sale | $779,000$825/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32548
Nearby schools
Schools provided by the listing agent
- Elementary: Elliott Point
- Middle: Meigs
- High: Choctawhatchee
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




