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$950,000

  • For Sale
  • Active
  • Commercial
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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: $950,000
  • Status: Active
  • Type: Commercial
  • Source: Emerald_Coast
  • MLS ID: 977964
  • Updated: 1/30/2026
  • Added to Site: 288 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

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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 ATTOM Data Solutions 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
1/30/2026
Price Reduced
$950,000
-13.64%
MLS
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
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*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

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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 $950,000 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.

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