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Okaloosa County, FL · Sold

FL-827987

4781 County Road 383

$904,200
$6,169/ac · 147 ac
Acreage147 ac
Price per acre$6,169/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedSep 27, 2024
Coordinates30.6543, -86.5593
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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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,040 ft of deeded road frontage.

Power127 ft away

Power at or near the road.

Buildable area122.94 of 146.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,139,910
$912,864$1,366,955 · $7,778/ac on 147 ac
Asking vs estimate
-20.7%
Priced below 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 $904,200
Maximum allowable offer
$651,377
$4,444/ac · +30.0% target margin

You need $252,823 off asking to hit this margin.

All-in cost$706,744
Net resale$1,048,717
Projected profit$341,973
ROI+48.4%
Annualized+69.2%
Break-even resale$5,242/ac
Profit if resale lands off target
-20%
$132,229
-10%
$237,101
0%
$341,973
+10%
$446,845
+20%
$551,716
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-738096
Landlocked · Off grid
158.6Oct 26, 2025$506,5003,1935,8336.0 mi
78
FL-149272
Gravel · Power at road
371.8Jul 23, 2026$2,277,5006,1267,9918.1 mi
74
FL-648759
Landlocked · Power at road
256.4Aug 27, 2025$937,9003,6586,5365.9 mi
70
FL-828700
Gravel · Power at road
245.7Aug 2, 2025$1,926,3007,8419,43612.0 mi
70
FL-668979
Gravel · Off grid
300.7Aug 18, 2025$1,363,7004,5356,7946.4 mi
68
FL-707430
Dirt · Off grid
97.9Sep 9, 2024$662,8006,7709,0315.6 mi
67
FL-489137
Dirt · Full utilities
337.2Feb 22, 2024$2,300,9006,8249,0782.7 mi
66
FL-897080
Dirt · Off grid
76.0Mar 17, 2025$529,4006,9678,5765.2 mi
65
FL-609133
Paved · Full utilities
336.2Feb 21, 2025$1,823,0005,4235,0538.4 mi
61
FL-446294
Landlocked · Off grid
43.0Nov 20, 2023$292,3006,7999,8864.0 mi
56
Show adjustment detail for the top comp
  • Tract size (158.61 ac → 146.56 ac)+2.1%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.4%

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.