Address
324 Nw Lake Drive, Fort Walton Beach, FL
Price
$ 494,500
Property Attributes
- MLS#1010617
- TypeSingle Family
- Listing Status Pending
- CountyOkaloosa
- CityFort Walton Beach
- AreaFort Walton Beach
- NeighborhoodVESTA HEIGHTS
- Zip32548
- StyleRanch
- Year Built1968
- Taxes$ 2098
- Price$ 494,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2714
- Lot Size0.61 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
A RARE FORT WALTON BEACH OPPORTUNITY! A HOUSE + A BUILDABLE EMPTY LOT! Bring your vision, your contractor, and your plans! This 3-bedroom, 2-bath home offers incredible potential and comes with something increasingly hard to find: a COMPLETE BUILDABLE LOT directly next door that can be separated and developed! Whether you're a builder, investor, home flipper, or buyer looking for extra land, this property opens the door to endless possibilities. Renovate the existing home and enjoy the additional space, build on the neighboring lot, or explore the investment potential of creating two separate properties. The home already features a BRAND-NEW ROOF and sits on a generously sized lot with a HUGE backyard. While the interior is ready for remodeling and your personal touch, the bones, land, and opportunity are what make this property truly stand out. And then there's the workshop! The property showcases an impressive OVERSIZED, TWO-STORY CRAFTSMAN WORKSHOP complete with HVAC--an incredible space for woodworking, hobbies, storage, a studio, or countless other possibilities. The property even includes a CONCRETE BOMB SHELTER, adding a truly unique feature you simply don't see every day. Location is another major win. Just steps away is Vesta Heights Park, a local Fort Walton Beach favorite offering a playground, picnic areas, walking and exercise paths, fitness stations, park benches, and beautiful green space for the entire family to enjoy. Read more... A 3-bedroom home. A brand-new roof. A massive backyard. An oversized two-story HVAC-equipped workshop. A concrete bomb shelter. AND a separate buildable lot next door. Whole House Generac Generator. What else would you need? Minutes from everything that makes Fort Walton Beach such a desirable place to call home! Enjoy quick access to the BEACH, shopping, schools, dining, parks, and the hidden local gem of Linstew Beach--a peaceful public waterfront/bayou access perfect for scenic views, shoreline enjoyment, and launching small watercraft. Convenience, recreation, and the Florida lifestyle are all right outside your door! Opportunities with this much flexibility don't come along often. For builders, investors, flippers, or buyers with a vision, this could be the one you've been waiting for. DO NOT LET THIS ONE PASS YOU BY!
| Elementary School | Middle School | High School |
|---|---|---|
| Edwins Elementary School | Bruner Middle School | Fort Walton Beach High School |
| Price History | |
|---|---|
| 9/24/2026 | Listed $494,500 |
General Features
| Utilities | Electric,Gas - Natural,Public Water,TV Cable |
|---|---|
| Zoning | City |
| Property Subtype | Detached Single Family |
| County | Okaloosa |
| Property Type | Residential |
| Subdivision Name | VESTA HEIGHTS |
| Status | Pending |
| Buyer Financing | Conventional,FHA,VA |
| Directions | From Memorial Parkway turn onto Lake Drive. |
| High School | Fort Walton Beach |
| City | Fort Walton Beach |
| MLS Area | 12 - Fort Walton Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 26571.6 |
| Elementary School | Edwins |
| Middle/Junior High School | Bruner |
| MLS Area Minor | 1203 - West Fort Walton Beach |
| Standard Status | Pending |
| Cooling | Ceiling Fans,Central Air |
| Garage Spaces | 2 |
| Architectural Style | Ranch |
| Construction Materials | Brick,Trim Wood |
| Year Built | 1968 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 9 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Garage Y/N | true |
| Other Structures | Shed |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Built-In Bookcases,Ceiling Beamed,Fireplace,Pantry |
| Flooring | Floor Tile |
| Air Conditioning Y/N | true |
| Window Features | Plantation Shutters |
| Furnished Y/N | Furnished - None |
Exterior Features
| Lot Features | Within 1/2 Mile to Water,Wooded |
|---|---|
| Lot Size Area | 0.61 |
| Lot Dimensions | 205 x 165 |
| Lot Size Acres | 0.61 |
| Building Area Total | 2714 |
| Parking Features | Garage,Oversized |
| Total Parking | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32548
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
