Multiple zoning opportunities! Currently zoned Community Facilities but Adjoining City Commerce and Technology, Mixed Use, and R-1 Single-family, This 16.31 acres is positioned at the corner of NW Hill Avenue and Lovejoy Road in Fort Walton Beach. This property offers outstanding visibility, Hill and Lovejoy Rd corner, and dual road access in a high-traffic area. Situated directly next to Okaloosa Academy, just north of Highway 98 near Hurlburt Field, the location is well-suited for large-scale commercial development, Industrial, or multifamily use. Its size and placement provide flexibility for a variety of projects, with strong connectivity to established business corridors and growth areas throughout Fort Walton Beach.