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$700,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 311 Kelly Rd
General
- Price: $700,000
- Taxes: $1,596 (2025)
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 1004883
- Updated: 6/8/2026
- Added to Site: 3 day(s) ago
Location
- Area: 13 - Niceville
- County: Okaloosa
- Subdivision: METES & BOUNDS
- Driving Directions: Going South on John Sims Pkwy, take a right on to Kelly Rd. The property will be on your left hand side.
School Information
- Elementary School: Edge
- Middle School: Lewis
- High School: Niceville
Utilities
- Sewer: Community Sewer
- Utility Description: Community Water, Electric
Structural Information
- Construction: Block
- Exterior Const.: Block
Lot Features
- Lot Size (Acres): 2.75
- Lot Size (Sq. Ft.): 119,790
- Lot Dimensions: 120 x 330
- Frontage: City Road
- Street/Road Desc.: Paved Road
- Lot Features: Addl Land Available, Irregular, Within 1/2 Mile to Water
- Zoning: Commercial, Resid Multi-Family, Resid Single Family
Financial Considerations
- Price Per Acre: $254,545.45
- Tax Amount: $1,596.06
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Com Sw Cor Of Se1/4 Of Sw1/4 N452 Ft E150 Ft To Pob Thc E 56.05 Ft N 44 Deg E 219.42 Ft To Rd Nw Alg Rd 486.04 Ft S276 Ft E150 Ft S208 Ft To Beg As Or 893-149 & 1012-147 Less Beg At Pob N180 Ft N41 Deg E121 Ft To R/W S47 Deg E66 Ft S27 Deg W168 Ft S10 Deg E78 Ft W36 Ft To Pob
- APN: 01-1S-23-0000-0076-0000
- Property ID: 01-1S-23-0000-0076-0000
Listed by Real Broker LLC
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Schools
Schools serving 311 Kelly Rd
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Lula J. Edge Elementary School 300 Florida 85, Niceville, FL 32578 | K-5 | 0.7 mi |
Addie R. Lewis School 281 Mississippi Avenue, Valparaiso, FL 32580 | K-4 | 2.2 mi |
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578 | 9-12 | 1.7 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 311 Kelly Rd
Date
Details
Price
Change
Source
6/06/2026
Listed
$700,000
211.11%
MLS
11/18/2021
Sold
$225,000
—
Public Record
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
Tax History for 311 Kelly Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,596
8%
$116,259
4%
2024
$1,474
-28%
$111,428
-29%
2023
$2,036
19%
$156,010
24%
2021
$1,705
-5%
$126,266
-8%
2022
$1,797
5%
$136,765
4%
2021
$1,705
-2%
$131,068
3%
2019
$1,748
7%
$126,695
10%
2018
$1,627
-10%
$115,177
-9%
2017
$1,799
7%
$127,105
6%
2016
$1,687
1%
$119,877
3%
2015
$1,677
6%
$116,058
8%
2013
$1,588
—
$107,862
—
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
Estimate the Cost for 311 Kelly Rd
311 Kelly Road, Niceville, FL 32578 (MLS# 1004883) is a Vacant Land property with a lot size of 2.75 acres. 311 Kelly Road is currently listed for $700,000 and was received on June 06, 2026. Want to learn more about 311 Kelly Road? Do you have questions about finding other Vacant Land real estate for sale in Niceville? You can browse all Niceville real estate or contact a Coldwell Banker agent to request more information.

