Development Parcel Under Contract – Brooks St. Elliotts Point Fort Walton Beach Florida

Under contract in 18 days!  338 Brooks Street in Fort Walton Beach Florida is a 1.56 acre waterfront parcel with an existing home, potentially subdividable to four or six lots.  This deep water lot went under deposit fast and was in high demand with multiple offers, before and after contract. What are the particulars?

Feature Summary – House – 338 Brooks St., Fort Walton Beach Florida

Estate-like property with unique Southern charm and character on deep water

Magnificent views and frontage of the Choctawhatchee Bay and Santa Rosa Sound

Fully, professionally landscaped, fenced 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’

Elegant pavered wrap-around driveway

Interior views through architecturally interesting windows to porch

Two car detached garage plus separate detached carport/boat storage

Four Bedrooms

Three and a half Baths

Exterior:

Window boxes lined with copper

Exposed rafters for elegant look

Porches, patios

Waterway:

Can dock a 50’ – 60’ foot yacht on deep water

Sandy beach area

Seawall

Groin (groyne) is vinyl sheathed – on right side of waterfront area to help protect and reduce erosion

Fresh water at dock

Two boat lifts, 12,000 pound and 6,000 pound

This is the second development piece Wendy Rulnick has sold on the Emerald Coast in the past few months.  How may she help you?

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

338 Brooks St., Elliott Point, Waterfront Lot 1.5 Acres Fort Walton Beach Florida

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
  • Seawall
  • 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.

USEFUL LINKS:

City of Fort Walton Beach GIS with map overlays

Municipal Code Administrative Standards

Land Development Code Comparative Table Ordinances

Site Development Standards

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.
Call 850-259-0422
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.

26′ Boatslip + 10,000 lb Lift for Sale* (*condo included) – Okaloosa Island, Hermitage 209

Hermitage #209 is a bay front condo on Okaloosa Island, in Fort Walton Beach, Florida. Included with the sale is a rare 26′ boat slip and 10,000 pound boat lift on the private pier out to Choctawhatchee Bay. This two bedroom condo has been recently painted and all furnishings are included.  Find a waterfront view out your window, sit on the patio and feel the warm tidal breezes blow through your hair. The Hermitage complex is tucked away on the drive between Fort Walton Beach and Destin Florida. A three story U-shaped building, its neighborly size feels like a traditional beach community.  There is a pool and also extra parking for trailers.

Hermitage Unit 209 at 1330 Miracle Strip Parkway, Fort Walton Beach, Florida on Okaloosa Island is offered for sale at $239,900.

Watch the virtual tour.

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

SOLD Emerald Village, 688 Randall Roberts Rd., Fort Walton Beach, FL Hurlburt Field

This exceptional home at 688 Randall Roberts Rd., Fort Walton Beach, Florida just sold! The Emerald Village house was built in 2000 and totally remodeled in 2018. Some of the highlights of 688 Randall Roberts Rd. were the floorplan – huge open spaces from the kitchen, eat-in area, living room and to the Florida room, as you can see in the above photo. Tucked around the corner were two bedrooms and bathroom.  At the front of the home there was an office with vaulted ceiling and formal dining room. The master bedroom had a walk-in closet. As for the remodeling, all details including new door hardware, faucets, lights, granite counters in the kitchen and bathrooms were added. Everything was painted in soothing colors.  The carpets were brand new.  At 2120 square feet not including the sunroom, the Randall Roberts home offered spaces for families or couples looking for flexible room setups.  One of the benefits of this side of the street was the wooded area behind the property. Many of the houses in Emerald Village back right up to other houses, but this home had more privacy because there was no house behind it. Emerald Village subdivision is very popular because it’s located across from one of the main entrances to Hurlburt Field, a large Air Force base.

688 Randall Roberts Rd. sold in just 39 days to a VA buyer with some credit back from the seller to help with closing costs! The VA appraisal noted no repairs necessary.

688 Randall Roberts Road, Fort Walton Beach, Florida sold for $278,000. This is one of the highest sales prices in the neighborhood.

How may I help you?

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

Lot 5 Warwick Drive JUST SOLD in Shalimar Florida 32579

Lot 5 Warwick Drive, Shalimar Florida just sold in less than 60 days.  Finding residential building lots is not so easy in Fort Walton Beach Florida or Shalimar, especially for lots this size.  Lot 5 Warwick Drive was almost three-quarters of an acre with dimensions of 75 x 400 feet. Located across the street from Chula Vista Bayou and enjoying the neighborhood park, boat launch and swimming area at Longwood/Poquito Bayou Park, this parcel was very attractive for either building a grand home or perhaps even splitting the lot to have a rear piece. The Poquito Bayou lot was located close to Eglin Air Force Base and also a short commute to Hurlburt Field, VPS airport and Niceville Florida.

Lot 5 Warwick Drive, Shalimar Florida sold for $155,000.

How may I help you?

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

VA Compromise Short Sale Under Contract – 118 Ferry Rd. NE, Fort Walton Beach Florida – 32548

This VA Compromise short sale is now under contract! 119 Ferry Rd., NE in Fort Walton Beach Florida is pending and awaiting short sale approval. What is a VA Compromise Sale? It is a type of short sale specifically for Veterans Administration or VA home mortgage loans. A short sale occurs when real property, such as a house or townhouse, is sold with proceeds (net sale amount) less than sufficient to pay off the mortgage or mortgages. A VA Compromise Sale follows these guidelines:

  1. You may only sell the home for fair market value
  2. The closing costs must be reasonable and customary
  3. You must have a valid financial hardship, such as loss of income, disability, divorce, etc.
  4. There should not be a second mortgage on your property in most cases
  5. You should ensure your sales contract is “contingent and/or subject to the approval of a VA Compromise Sale”

Note that VA Compromise Sales will affect the veteran’s remaining “entitlement” which is the benefit that allows them to obtain a VA mortgage.  The entitlement that was used to purchase the property will not be available for a future home purchase unless paid back. Often,  however, there is leftover entitlement that can be used for another VA mortgage. I’ve helped many veterans with VA Compromise short sales who were able to buy another home.  VA Compromise Sales are common near Eglin Air Force Base and Hurlburt Field in Fort Walton Beach, Crestview, Navarre, Niceville, Destin Florida and surrounding areas.

A possible benefit to a VA Compromise Sale is that you may be eligible for $1500 in relocation assistance. In most cases, this will be paid to you if your lender, also called mortgage or loan servicer, agrees and the net proceeds from the sale are at least 85.05% of the appraised value. Finally, a deficiency judgment is not typically pursued, where the VA or your lender will try to recoup their loss, unless your original VA mortgage was obtained prior to 1990 and no fraud, misrepresentation or bad faith were evident.

Questions?

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

688 Randall Roberts Rd., Emerald Village, Hurlburt Field, Fort Walton Beach FL 32547

688 Randall Roberts Rd. in Emerald Village, Fort Walton Beach Florida is a delightfully updated home for sale near Hurlburt Field and Eglin Air Force Base. Absolutely elegant, completely remodeled home with fine details for living pleasure. Spaces draw the eye from room to room with angles, depth and drama. Brand new paint throughout in ”London Fog”, new neutral carpet. The kitchen has new granite, new sink, faucet, contemporary pendant lights, bright cabinets and center island. Kitchen eat-in space offers built-in benches with storage. All new ceiling fans, brushed nickel hardware, doorknobs, lights. The bathrooms are remodeled with new floors, granite counters, new sinks, faucets, mirror, lighting. Most brand new windows plus new blinds. Formal dining room and separate office with French doors. Triple sliders with new windows expand the living space to a large tiled Florida room with new siding.  The roof was new in 2015. This fine home awaits you!

688 Randall Roberts Road, Fort Walton Beach, Florida is offered for sale for $289,900.

Watch the virtual tour.

To see this home contact listing broker or your favorite Realtor:

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

Summerlin # 602 – Top Floor Gulf Front Condo- Okaloosa Island, 774 Sundial Ct., Fort Walton Beach FL

Sleekly stylish, top floor Summerlin Condo #602 available in an intimate complex directly on the Gulf of Mexico on Okaloosa Island. This sophisticated condominium at 774 Sundial Court, Fort Walton Beach, Florida, was carefully remodeled, it beckons with seldom seen quality and lives like a fine home. Thoughtful upgrades include added counter space, quartz counters, new center island, backsplash, stainless appliances. New kitchen cabinets with wood to ceiling accented with steel, metal theme goes to breakfast bar. Remodeled baths with quartz counters, artsy lights, modern faucets. Smooth ceilings, porcelain tile floors, upgraded millwork, new details to the smallest fixture. Top Hunter Douglas blinds, modern track lighting, glass blown torchieres. If you are looking for a Gulf front condo that is uniquely refined to match the imagination for waterfront living, this Summerlin unit is unequaled.

Summerlin Unit 602 has two bedrooms and two full bathrooms.

Offered for $439,900.

Watch the virtual tour.

It’s Wendy… It’s Sold!

To view this unit, contact listing broker:

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204 | Cell 850-259-0522
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.

Building Lot 5 Warwick Dr., Poquito Bayou, Shalimar Florida 32579 For Sale

Lots of this size rarely come on the market in Fort Walton Beach, Florida!  Located in Poquito Bayou in Shalimar,  Warwick Drive Lot# 5 has a generous size, .67 acres, and depth of 390 feet, and can potentially be subdivided to have a flag lot.   Find a public boat launch, park, swimming and outdoor grills three minutes away at Longwood Poquito Bayou Park at 4 Bay Street, Shalimar. Woodland Shores, in Poquito Bayou, is convenient to Eglin Air Force Base and Hurlburt Field, with the beaches minutes away. There are no association fees. We have a builder for you to design and plan your new home!

Lot 5, Warwick Drive, Poquito Bayou, Woodland Shores, Shalimar Florida is a .67 acre lot offered for $169,900. Here is the virtual tour.

Contact Wendy Rulnick, Broker, Rulnick Realty  850-259-0422.

 

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.

118 NE Ferry Rd., Elliotts Point, Fort Walton Beach FL VA COMPROMISE SHORT SALE

  Elliotts Point VA COMPROMISE SHORT SALE

Gorgeous VA Compromise Short Sale in Elliotts Point, Fort Walton Beach Florida. 118 Ferry Rd., NE has gleaming maple look wood floors in living room and dining rooms, very open floor plan with architectural sleekness.  Design includes kitchen with enormous pass through to dining and living area. Wood-burning fireplace and built-in shelves create focal point.  Large circular driveway.  This short sale home in Elliotts Point needs work, has active roof leaks and other issues, so CASH OFFERS ONLY CONSIDERED! This house cannot be financed with VA, FHA or most conventional loans. Easy commute to Eglin Air Force Base, Hurlburt Field and the beaches of Okaloosa Island and Destin.

118 Ferry Rd., NE, Fort Walton Beach Florida 32548 is a short sale offered for $167,500. Watch the virtual tour.

It’s Wendy… It’s Sold!

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
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.