Opportunity to acquire a ±2.75-acre multi-parcel located within the City of Niceville Community Redevelopment Agency (CRA) district, offering strong redevelopment and investment potential. The property includes an existing duplex that needs renovation, providing a true value-add opportunity, and features a new metal roof, offering a solid starting point for improvements.
With Multi-Use zoning, the existing structure may be suitable for conversion to office or professional space, subject to city approvals. A significant portion of the parcel remains vacant, allowing flexibility for additional mixed-use concepts, or expanded multi-family, making this an ideal site for investors or owner-users looking to reposition the property.
Lot/land
Price increase: $300K (6/6)
$700,000
311 Kelly Rd, Niceville, FL 32578
--beds
0baths
2.75Acres
Unimproved Land
Built in ----
2.75 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 10 days |
- 85 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Chris Carter 850-865-7975,
Real Broker LLC
Source: ECAOR,MLS#: 1004883
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 2.75 Acres
- Dimensions: 120 x 330
- Features: Addl Land Available, Irregular Lot, Within 1/2 Mile to Water
Details
- Parcel number: 011S23000000760000
- Zoning description: Commercial, Resid Multi-Family, Resid Single Family
Community & HOA
Community
- Subdivision: METES & BOUNDS
Location
- Region: Niceville
Financial & listing details
- Annual tax amount: $1,596
- Date on market: 6/6/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Price change | $700,000+75% |
Source: | ||
| 1/27/2026 | Listed for sale | $400,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32578
Nearby schools
GreatSchools rating
- 9/10Lula J. Edge Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 10/10Okaloosa Stemm CenterGrades: PK,6-8Distance: 0.7 mi
- 7/10Niceville Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Edge
- Middle: Lewis
- High: Niceville
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Okaloosa County
- Niceville
- 32578
- 311 Kelly Rd





