Playground Inn | 195 Brooks St SE
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Playground Inn 195 Brooks St SE
17 Room Hotel Fort Walton Beach, FL 32548 $6,043,500 CAD ($355,500 CAD/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 | $6,043,500 CAD | Building Size | 10,165 SF |
| Price Per Room | $355,500 CAD | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 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 | $6,043,500 CAD |
| Price Per Room | $355,500 CAD |
| 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 |
| No. Stories | 1 |
| Year Built | 1948 |
| Parking Ratio | 2.55/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Beach (direct access)
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | $85.32 CAD | - |
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 24-2S-24-0000-0132-0000 | Improvements Assessment | $232,877 CAD |
| Land Assessment | $1,337,380 CAD | Total Assessment | $1,570,258 CAD |
PROPERTY TAXES
Parcel Number
24-2S-24-0000-0132-0000
Land Assessment
$1,337,380 CAD
Improvements Assessment
$232,877 CAD
Total Assessment
$1,570,258 CAD
zoning
| Zoning Code | N/A |
| N/A |
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Playground Inn | 195 Brooks St SE
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