This waterfront property offers a strong redevelopment opportunity in Fort Walton Beach, with approximately 210 feet along the Intracoastal Waterway. Zoned MX-2 Mixed-Use High, the site supports a wide range of uses, including mixed-use, commercial, and other high-intensity development. The existing structure is being demolished, leaving the primary value in the land and its future potential. Demolition costs will be covered by the City through the Community Redevelopment Agency's nuisance-abatement program. The property will remain within the Downtown Design Overlay District, including the 100% impervious surface ratio allowance, maximizing development flexibility and site utilization. Its waterfront location and favorable zoning create a rare opportunity for redevelopment.