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237 SE Brooks Street, Fort Walton Beach, FL - photo 1

$779,000

237 SE Brooks Street

Fort Walton Beach, FL 32548

Estimated payment $4,674/month

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2Beds
2Baths
944Sq Ft
$825Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

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Highlights

No HOA
Built in 1957
19,602 sqft Lot

About This Home

Rare downtown Fort Walton Beach investment and redevelopment opportunity! Situated on approximately 0.45 acres, this unique property features two detached 1-bedroom, 1-bath cottages with immediate rental-income potential, plus a substantial amount of additional land offering exciting future possibilities. The property benefits from access/frontage along both Brooks Street SE and Alconese Avenue SE, creating exceptional flexibility for builders, developers and investors. Seller has obtained professional survey work and conceptual site plans illustrating multiple potential residential configurations. Enjoy a highly desirable location near downtown Fort Walton Beach, the waterfront, Brooks Bridge, dining, shopping and beaches, while mature trees provide a private setting. Hold the existing cottages as rentals, explore additional homesites, or consider a larger redevelopment vision. Conceptual plans have not been approved by the City. Buyer to independently verify zoning, subdivision, density, setbacks, utilities, flood requirements and all development potential.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:2
  • •Bathrooms:2
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:944 sqft
  • •Total interior livable area:944 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:19,602 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Detached Single Family
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1957

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Price history

DateEventPrice
2026-09-21T00:00:00.000ZListed for sale$779,000$825/sqft

Listing Agent

James P Ruckel

Berkshire Hathaway HomeServices

Brokerage Phone: 850-502-5995

Source: Emerald Coast MLS · MLS #1012398

Data Powered by Home Junction, Inc.

Nearby

Schools

NORTHWEST FLORIDA BALLET ACADEMIE

Elementary · 0.2 mi

MIGRANT NON-ENROLLED STUDENTS

0.4 mi

OKALOOSA VIRTUAL INSTRUCTION PROGRAM

Elementary · 0.4 mi

Supermarkets

Publix

0.2 mi

A Second You LLC - Errand Services

0.2 mi

Downtown Fort Walton Beach Farmers' Market

0.4 mi

Dining

Deli @ Publix

0.1 mi

Rick's Crab Trap

0.2 mi

Miramar Enterprise of Fwb

0.3 mi

Parks

Little Marler Park

0.3 mi

Villa Russ Park

0.4 mi

Heritage Park and Cultural Center

0.4 mi

Beaches

Fort Walton Beach

0.6 mi

Okaloosa Island Beach

1.0 mi

Princess Beach

3.8 mi

Nearby amenity locations include data © OpenStreetMap contributors.