# 27 SE Park Circle, Fort Walton Beach, FL 32548 > **TL;DR:** land, $174,900. Est. $935/mo. Listed 5 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $174,900 | | Lot Size | 16,117 sqft (0.37 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 5 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $884 | | Estimated Insurance | $51 | | **Total** | **$935** | ## Nearby Schools - **Elementary:** Elliott Point - **Middle:** Bruner - **High:** Fort Walton Beach ## Property Highlights - 0.37 acre lot ## Description ### Agent Description ZONED R-2 MULTIFAMILY - EXCELLENT DEVELOPMENT OPPORTUNITY! Centrally located in Fort Walton Beach, this 0.37-acre property offers excellent potential for residential or multifamily development. R-2 zoning allows for up to 20 units per acre. Per the Land Development Code, R-2 zoning permits a variety of residential uses, including single-family homes, mobile homes, duplexes, triplexes, townhomes, apartments, and other multifamily developments. BUYER TO VERIFY. Permitted accessory uses may include recreational facilities, garages, carports, storage buildings, parking areas, and community amenities. The existing home is in disrepair due to 1955 age and previous minor flooding. Power, water and gas utilities are on. The two window HVAC units do not convey. There is no HVAC ducting. Property is being sold for land value. This is an excellent opportunity for builders and investors looking to develop in a convenient Fort Walton Beach location. Buyer to verify allowable density, zoning requirements, and development potential with the City of Fort Walton Beach. ## Location - **Address:** 27 SE Park Circle, Fort Walton Beach, FL 32548 - **County:** Okaloosa - **Neighborhood:** HOWARD GILL S/D - **Coordinates:** 30.410477, -86.610151 - **Google Maps:** https://www.google.com/maps?q=30.410477,-86.610151 ## Listing Agent - **Name:** Judy Couto · **License:** 702519 - **Brokerage:** Eglin Realty, Inc. - **Broker Phone:** (850) 240-9618 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/27-Park-Cir-SE_Fort-Walton-Beach_FL_32548_M59228-77407?f=listhub&s=ECARMLSFL&m=1014255&c=propsimple) ## Photos ![27 SE Park Circle - Photo 1](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f1639508080r.jpg) ![27 SE Park Circle - Photo 2](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f3401708396r.jpg) ![27 SE Park Circle - Photo 3](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f1355410955r.jpg) ![27 SE Park Circle - Photo 4](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f2279422473r.jpg) ![27 SE Park Circle - Photo 5](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f3903586623r.jpg) ![27 SE Park Circle - Photo 6](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f2773893376r.jpg) ![27 SE Park Circle - Photo 7](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f1267236025r.jpg) ![27 SE Park Circle - Photo 8](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f2084464690r.jpg) ![27 SE Park Circle - Photo 9](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f488122341r.jpg) ![27 SE Park Circle - Photo 10](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f575796197r.jpg) ![27 SE Park Circle - Photo 11](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f3173114832r.jpg) ![27 SE Park Circle - Photo 12](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f1736209036r.jpg) ![27 SE Park Circle - Photo 13](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f2847095513r.jpg) ![27 SE Park Circle - Photo 14](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f2080765951r.jpg) ![27 SE Park Circle - Photo 15](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f3741869852r.jpg) ![27 SE Park Circle - Photo 16](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f1510112375r.jpg) ![27 SE Park Circle - Photo 17](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f3520723447r.jpg) ![27 SE Park Circle - Photo 18](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f1671582455r.jpg) ![27 SE Park Circle - Photo 19](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f504277287r.jpg) ![27 SE Park Circle - Photo 20](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f943913335r.jpg) ![27 SE Park Circle - Photo 21](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f2903523739r.jpg) ![27 SE Park Circle - Photo 22](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f435488522r.jpg) ![27 SE Park Circle - Photo 23](http://lh.rdcpix.com/fec574458f63aa0678d7e94b47fb83bal-f3435105061r.jpg) --- **MLS#:** 1014255 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/27-se-park-circle-fort-walton-beach-fl-32548-7d2bab16fb384fd583709d5f387d1485) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/27-se-park-circle-fort-walton-beach-fl-32548-7d2bab16fb384fd583709d5f387d1485#listing", "url": "https://staging.propertysimple.ai/listing/27-se-park-circle-fort-walton-beach-fl-32548-7d2bab16fb384fd583709d5f387d1485", "name": "27 SE Park Circle, Fort Walton Beach, FL 32548", "description": "ZONED R-2 MULTIFAMILY - EXCELLENT DEVELOPMENT OPPORTUNITY! Centrally located in Fort Walton Beach, this 0.37-acre property offers excellent potential for residential or multifamily development. R-2 zoning allows for up to 20 units per acre. 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