The prize waterfront lot of Elliott Point at 338 Brooks Street, Fort Walton Beach, Florida has become available for purchase. Own this rare 1.56 acre deep water piece to build the ultimate estate in this coveted, established Fort Walton Beach neighborhood. The professionally landscaped manor-like yard with full privacy hedge has a meandering 360′ pier to the waterway and a 125′ dock. The deep, deep water off Santa Rosa Sound and Choctawhatchee Bay is suitable to berth a 50′-60′ vessel. There is a possibility to split the lot into four to six parcels, or consider subdividing off one or two lots to sell while building a superlative waterfront residence. There is a seawall and two boat lifts. This remarkable lot on the Sound, Bay and intercoastal is the consummate setting to create an unequalled waterfront estate.
Key features of this unique lot that runs length of Hood Ave. SE from the corner of Brooks St.:
- Estate-like property with unique Southern charm and character
- Magnificent waterfront views and frontage
- Fully, professionally landscaped, fenced property with privacy hedge
- Extensive, manor-like sodded park-like yard from home to water punctuated by a meandering 360’ pier to waterway, including the dock of about 125’
- Can dock a 50’ – 60’ boat
- Sandy beach area
- Groin is vinyl sheathed – on right side of waterfront area to help protect and retain sandy area
- Fresh water at dock
- Two boat lifts: 12,000 pound boat lift and 6,000 pound boat lift
Here are considerations for a developer who may wish to subdivide and build multiple homes at 338 Brooks St., Elliott Point, Fort Walton Beach, Florida:
The possibility exists for property to be subdivided to 4-6 lots with 4-5 fronting Hood Ave. SE and one potentially fronting Brooks St.
The public sandy beach/water access at the end of Hood Ave SE., adjacent to 338 Brooks St. adds value to subdivided non-waterfront lot splits.
The current zoning is R1E, minimum lot size 15,000 SF, minimum lot width 75’ per lot. The waterfront portion of the lot in zone R1E has a setback requirement of 50’ from the mean high water line. A zone change to R1 for the non-waterfront portion of the lot would change minimum lot size requirement to 7200 SF per lot, minimum lot width 75’ per lot, with a 25’ rear yard setback requirement. The process to approve subdivision would require amending the existing subdivision plat. For lot size splits, application for rezoning to R1 and subdividing could be considered concurrently. After City of Fort Walton Beach engineer/planning review, application would go before the seven member Local Planning Agency, which is a public board making a recommendation to City Council. Following, there would be two public hearings with City Council for consideration and final approval. The typical approval time after application is 60-90 days.
The City of Fort Walton Beach offers a pre-application meeting with engineer and planning department to include discussion of water, sewer, storm water management and plats. The developer may bring a preliminary site plan layout. The FEMA flood zones are AE9 nearer to Brooks Street, the majority of the lot is zoned AE10 and near to the water AE11. Information is to be verified independently from purchaser’s insurance agent. Separately, the developer may consider applying to FEMA for a Letter of Map Amendment (LOMA) and building the proposed structures higher (via fill or pilings, etc) to reduce flood insurance premium costs or may consider raising the elevation of the property itself with fill and applying for a Letter of Map Revision (LOMR).
There is an existing 1950’s home on the site.
This information, actual lot size and dimensions and suitability for a particular use must be determined solely by the buyer.
City of Fort Walton Beach GIS with map overlays
If you are interested in this one-of-a-kind deep water lot offering for either your imagined waterfront estate or as a development, contact me today.
338 Brooks St., Elliott Point, Fort Walton Beach Florida is offered for sale for $999,900.
UPDATE: This property is now under contract after only 18 days on the market! How may I help you?
It’s Wendy… It’s Sold!
Wendy Rulnick, Broker, Rulnick Realty, Inc.
Email Wendy: [email protected]
Wendy Rulnick, Broker, sells real estate in Destin, Santa Rosa Beach, 30A, Miramar Beach, Seagrove Beach, Watercolor, Sandestin, Seaside, Rosemary Beach, Fort Walton Beach, Niceville, Bluewater Bay, Navarre, Florida.