940 S Cedar Avenue Niceville, FL 32578
Listing Courtesy of: EMERALD COAST / Century 21 Allpoints Realty / Jim Ball

  940 S Cedar Avenue Niceville, FL 32578

Active (4 Days)
$495,000 (USD)

Description

Discover a rare offering in one of Niceville's most established and desirable residential corridors. This strategically located 2.94-acre vacant parcel sits along S. Cedar Avenue—just two blocks from Choctawhatchee Bay—and is perfectly positioned for a boutique residential development or a collection of private homes.

Originally platted for 15 individual lots, the property now lends itself exceptionally well to a 4- or 5-lot configuration along Kailyn Court, offering generous homesite sizes, mature trees, and the charm of an established neighborhood setting. Utilities and public services are nearby, and the surrounding area features a blend of well-maintained single-family homes, quiet streets, and walkable access to the best of Old Niceville. Unmatched Proximity & Lifestyle Amenities:

Top-Tier Schools: All primary and middle schools are within minutes, and Niceville High School is only a 3-minute drive, making this a perfect location for families seeking placement in one of Florida's most sought-after public school systems.

Military Convenience: Just 15 minutes to Eglin Air Force Base, providing a prime location for military families and investors looking to tap into strong and stable housing demand.

Outdoor Recreation: Stroll to the bayfront in under 5 minutes, launch a kayak or paddleboard, or enjoy the nearby parks and waterfront green spaces that define Niceville's relaxed coastal lifestyle.

Central Access: Minutes to Niceville's commercial districts, medical offices, shopping, restaurants, local cafés, and the expanding Niceville-Valparaiso cultural and civic amenities.

Regional Attractions: A short drive places you at Destin's white-sand beaches, the Emerald Coast's dining and retail hubs, and the region's renowned boating, fishing, and adventure destinations.

Ideal for: small-scale developers, custom home builders, or end-users seeking an infill opportunity with substantial upside in a high-demand, low-inventory market.

MLS #:
990375
Taxes
$1,062(2024)
Lot Size
2.94 acres
Type
Land
County
Okaloosa County

Listed By

Jim Ball, Century 21 Allpoints Realty
Source
EMERALD COAST
Last checked Nov 30 2025 at 8:11 PM GMT+0000
Bathroom Details
Subdivision
  • Valparaiso Pinecrest 5
Lot Information
  • Corner
  • Wooded
  • Wetlands
  • Easements
  • Low
  • Curb & Gutter
Utility Information
  • Utilities: Public Water, Electric, Gas Available
School Information
  • Elementary School: Plew
  • Middle School: Ruckel
  • High School: Niceville
Location
   
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Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Emerald Coast Association of REALTORS Last Updated: 11/30/25 12:11
Vendor Number:29098