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3 Beds
2 Baths
2,714 sqft

$475,000

324 NW Lake Drive, Fort Walton Beach FL, 32548

Price per sqft$175.02
Built in1968
Property size2,714 sqft
Property typeResidential

Overview

Sold

Listed Sep 24, 2026

Updated 10h ago

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!

Additional information

MLS® ID
1010617

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.61 Acres

Other Property Details

Taxes
$2,098
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Courtesy of RealJoy Realty LLC, 
Listing Contact: 850-225-6893 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Beth Madrigal shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 1:24 PM UTC, 10/5/2026

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