Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,100,000 -$200,000 (-15.38%) Price Reduced

  • For Sale
  • Active
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
Act fast to secure the remaining FRONT parcel on highly desirable Racetrack Road--now available after the rear portion has been sold. This .54-acre parcel offers approximately 200+ feet of valuable road frontage, making it an excellent opportunity for commercial development, investment, or future business use. Located in a high-demand corridor with strong visibility and accessibility, this site offers outstanding potential in one of the area's most strategic growth locations.Don't miss this rare chance to acquire prime Racetrack Road frontage--contact us today for details!

Full Property Details for 120 NE Racetrack Road NE

General

  • Price: $1,100,000
  • Status: Active
  • Type: Commercial
  • Source: Emerald_Coast
  • MLS ID: 977964
  • Updated: 1/12/2026
  • Added to Site: 228 day(s) ago

Location

  • Area: 12 - Fort Walton Beach
  • County: Okaloosa
  • Driving Directions: North on Eglin Parkway, West on Racetrack Road. Commercial site will be on the north side of Racetrack Road.

Lot Features

  • Lot Size (Acres): 0.54
  • Lot Dimensions: 208 x 107 x 208 x 55 x 58
  • Zoning: C-3

Disclosures and Reports

  • Legal Description: COM SE COR BLK 5 TOM BARROW'S S/D S 85 DEG W 188.01FT TO POB N 62 DEG W 117.17FT S 40 DEG W 68.82FT S 4 DEG E 61.66FT TO N R/W RACETRACK RD S 68 DEG E ALG R/W 206.57FT N 17 DEG E 100.9FT N 62 DEG W 88.64FT TO POB
  • APN: 01-2S-24-0000-0025-0000

Listed by ERA American Real Estate

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 120 NE Racetrack Road NE —

  • ERA American Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 120 NE Racetrack Road NE

School District:Okaloosa County School District
NameGradesDistance
Shalimar Elementary School
1350 Joe Martin Circle, Shalimar, FL 32579
PK-52 mi
W. C. Pryor Middle School
201 Racetrack Road Northwest, Fort Walton Beach, FL 32547
6-80.9 mi
Choctawhatchee Senior High School
110 Racetrack Road Northwest, Fort Walton Beach, FL 32547
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120 NE Racetrack Road NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$1,100,000
-15.38%
MLS
6/04/2025
Listed
$1,300,000
217.07%
MLS
3/08/2023
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 120 NE Racetrack Road NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,256
4%
$428,472
4%
2024
$5,051
12%
$411,324
2%
2023
$4,511
26%
$403,401
45%
2021
$3,573
-6%
$277,977
-8%
2022
$3,784
6%
$303,111
11%
2021
$3,573
15%
$272,527
15%
2019
$3,108
-12%
$236,881
-11%
2018
$3,547
1%
$267,169
1%
2017
$3,527
4%
$264,510
3%
2016
$3,389
2%
$255,699
4%
2015
$3,311
1%
$246,238
1%
2013
$3,273
—
$243,287
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 120 NE Racetrack Road NE

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by ERA American Real Estate

Similar Properties near 120 NE Racetrack Road NE

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

107 Truxton Ave, Fort Walton Beach, FL 32547 - Photo 1
$1,030,000

107 Truxton Ave  Fort Walton Beach, FL 32547

  • Commercial
  • Active
50 Eglin Parkway, Fort Walton Beach, FL 32548 - Photo 1
$1,075,000

50 Eglin Parkway  Fort Walton Beach, FL 32548

  • Commercial
  • Active
306 Barracuda Ave, Fort Walton Beach, FL 32548 - Photo 1
$1,100,000

306 Barracuda Ave  #UNIT 1-4  Fort Walton Beach, FL 32548

  • Commercial
  • Active
2165 Hwy 98, Mary Esther, FL 32569 - Photo 1
$1,050,000

2165 Hwy 98  Mary Esther, FL 32569

  • Commercial
  • Active

Just Listed near 120 NE Racetrack Road NE

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

477 Cascabellas St, Mary Esther, FL 32569 - Photo 1 Just Listed
$344,000

477 Cascabellas St  Mary Esther, FL 32569

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,474
    Sq. Ft.
Listed by Becky Nicholson (850) 375-7686
57 5th St, Shalimar, FL 32579 - Photo 1 Just Listed
$520,000

57 5th St  Shalimar, FL 32579

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,206
    Sq. Ft.
Listed by Jessica Kelly (850) 860-3832
167 Shoreline Dr, Mary Esther, FL 32569 - Photo 1 Just Listed
$539,900

167 Shoreline Dr  Mary Esther, FL 32569

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,858
    Sq. Ft.
300 Miracle Strip Parkway Pkwy, Mary Esther, FL 32569 - Photo 1 Just Listed
$325,000

300 Miracle Strip Parkway Pkwy  #3A  Mary Esther, FL 32569

  • Condo / Townhouse
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,140
    Sq. Ft.

Price Reduced near 120 NE Racetrack Road NE

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

114 4th Ave, Shalimar, FL 32579 - Photo 1 Price Reduced
-$10,000 (-3.33%)
$289,900

114 4th Ave  Shalimar, FL 32579

  • Townhouse
  • Active
  • Updated 8 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,732
    Sq. Ft.
22 10th St, Shalimar, FL 32579 - Photo 1 Price Reduced
-$5,000 (-1.27%)
$389,000

22 10th St  Shalimar, FL 32579

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,833
    Sq. Ft.
2812 Lee Trevino Ct, Shalimar, FL 32579 - Photo 1 Price Reduced
-$1,000 (-0.22%)
$448,900

2812 Lee Trevino Ct  Shalimar, FL 32579

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,147
    Sq. Ft.
44 Maple Ave, Shalimar, FL 32579 - Photo 1 Price Reduced
-$5,000 (-0.94%)
$525,000

44 Maple Ave  Shalimar, FL 32579

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 3,015
    Sq. Ft.

Recent Sales near 120 NE Racetrack Road NE

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

950 Harrelson Dr, Fort Walton Beach, FL 32547 - Photo 1 Sold
$1,250,000

950 Harrelson Dr  Fort Walton Beach, FL 32547

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,982
    Sq. Ft.
147 Linstew Dr, Fort Walton Beach, FL 32548 - Photo 1 Sold
$1,125,000

147 Linstew Dr  Fort Walton Beach, FL 32548

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,058
    Sq. Ft.
217 California Dr NE, Fort Walton Beach, FL 32548 - Photo 1 Sold
$1,150,000

217 California Dr NE  Fort Walton Beach, FL 32548

  • Single Family
  • Closed
  • 6
    Beds
  • 6
    Total Baths
  • 5,057
    Sq. Ft.
217 NE California Dr NE, Fort Walton Beach, FL 32548 - Photo 1 Sold
$1,150,000

217 NE California Dr NE  Fort Walton Beach, FL 32548

  • Single Family
  • Closed
  • 6
    Beds
  • 5
    Total Baths
  • 5,057
    Sq. Ft.

120 NE Racetrack Road NE, Fort Walton Beach, FL 32547 (MLS# 977964) is a Commercial property. 120 NE Racetrack Road NE is currently listed for $1,100,000 and was received on June 04, 2025. Want to learn more about 120 NE Racetrack Road NE? Do you have questions about finding other Commercial real estate for sale in Fort Walton Beach? You can browse all Fort Walton Beach real estate or contact a Coldwell Banker agent to request more information.

Tour this property