Playground Inn | 195 Brooks St SE
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Playground Inn 195 Brooks St SE
17 Room Hotel Fort Walton Beach, FL 32548 £3,325,413 (£195,613/Room)
Executive Summary
Unparalleled development opportunity with this prime 1.87-acre waterfront parcel, ideally situated in historic downtown Fort Walton Beach. This exceptional property boasts 228 feet of deep-water frontage directly on the Intercoastal Waterway, making it perfect for a variety of development projects including a hotel, dry water boat storage, or RV park. Located just before the bridge to Okaloosa Island, this parcel offers immediate access to several restaurants and is minutes by water to the renowned East Pass in Destin. With its prime location and significant waterfront, this site is poised to become a landmark destination. Owner is open to owner financing and a long-term ground lease.
Property Facts
| Price | £3,325,413 | Building Size | 10,165 SF |
| Price Per Room | £195,613 | No. Rooms | 17 |
| Sale Type | Investment | Number of Floors | 1 |
| Property Type | Hospitality | Year Built | 1948 |
| Property Subtype | Hotel | Parking Ratio | 2.55/1,000 SF |
| Building Class | F | Corridor | Exterior |
| Lot Size | 1.87 AC |
| Price | £3,325,413 |
| Price Per Room | £195,613 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 1.87 AC |
| Building Size | 10,165 SF |
| No. Rooms | 17 |
| Number of Floors | 1 |
| Year Built | 1948 |
| Parking Ratio | 2.55/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Beach (direct access)
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | £46.95 | - |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 24-2S-24-0000-0132-0000 | Improvements Assessment | £129,889 |
| Land Assessment | £745,934 | Total Assessment | £875,823 |
PROPERTY TAXES
Parcel Number
24-2S-24-0000-0132-0000
Land Assessment
£745,934
Improvements Assessment
£129,889
Total Assessment
£875,823
zoning
| Zoning Code | N/A |
| N/A |
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Playground Inn | 195 Brooks St SE
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