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Okaloosa County, FL · Sold

FL-250615

5129 County Road 296

$8,200
$11,714/ac · 0.70 ac
Acreage0.70 ac
Price per acre$11,714/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedFeb 2, 2026
Coordinates30.6359, -86.5952
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Okaloosa County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Okaloosa market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands40.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

79 ft of deeded road frontage.

Power9,588 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.40 of 0.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,963
$6,630$9,297 · $11,376/ac on 0.70 ac
Asking vs estimate
+3.0%
In line with the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $8,200
Maximum allowable offer
$4,551
$6,501/ac · +30.0% target margin

You need $3,649 off asking to hit this margin.

All-in cost$4,938
Net resale$7,326
Projected profit$2,388
ROI+48.4%
Annualized+69.2%
Break-even resale$7,667/ac
Profit if resale lands off target
-20%
$923
-10%
$1,656
0%
$2,388
+10%
$3,121
+20%
$3,854
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-410625
Landlocked · Power at road
0.7Feb 7, 2026$7,50010,60613,5473.1 mi
83
FL-330465
Gravel · Power at road
0.6May 3, 2025$7,00011,1559,9874.3 mi
78
FL-430728
Dirt · Off grid
0.8Jun 4, 2025$6,2008,1159,9186.4 mi
77
FL-511577
Dirt · Full utilities
1.4Jul 27, 2026$15,70011,1329,1056.4 mi
74
FL-432245
Gravel · Off grid
2.3Jun 15, 2026$25,90011,31111,5768.8 mi
70
FL-740812
Paved · Off grid
0.8Jan 6, 2024$8,10010,0429,4547.7 mi
70
FL-210040
Paved · Power at road
0.5Feb 12, 2024$8,20017,84814,1754.9 mi
70
FL-992002
Paved · Full utilities
1.9Jul 27, 2026$46,60024,25014,5307.4 mi
69
FL-731415
Dirt · Full utilities
1.3Apr 29, 2025$15,50012,43010,6793.0 mi
68
FL-271429
Gravel · Off grid
1.3Aug 17, 2024$12,6009,91610,8117.0 mi
67
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.