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Okaloosa County, FL · Sold

FL-114484

7411 County Road 118

$148,000
$12,770/ac · 11.59 ac
Acreage11.59 ac
Price per acre$12,770/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedJun 7, 2024
Coordinates30.6610, -86.5326
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands7.4% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

630 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area10.20 of 11.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$216,995
$173,149$260,842 · $18,723/ac on 11.59 ac
Asking vs estimate
-31.8%
Priced below the comp set

Weighted from 8 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 $148,000
Maximum allowable offer
$123,997
$10,699/ac · +30.0% target margin

You need $24,003 off asking to hit this margin.

All-in cost$134,537
Net resale$199,636
Projected profit$65,099
ROI+48.4%
Annualized+69.3%
Break-even resale$12,617/ac
Profit if resale lands off target
-20%
$25,172
-10%
$45,135
0%
$65,099
+10%
$85,062
+20%
$105,026
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-334280
Dirt · Full utilities
10.0Jul 27, 2026$87,6008,76911,9082.0 mi
92
FL-604310
Paved · Power at road
10.2Feb 16, 2026$172,90016,93320,8608.6 mi
84
FL-944677
Paved · Off grid
13.3Dec 9, 2025$153,30011,50817,2142.2 mi
82
FL-593470
Landlocked · Power at road
5.6Jul 27, 2026$54,4009,78919,7537.0 mi
73
FL-235434
Dirt · Power at road
23.1Mar 14, 2026$261,60011,34220,8904.7 mi
71
FL-216146
Paved · Full utilities
38.6May 18, 2025$745,40019,30023,8391.1 mi
68
FL-252998
Dirt · Full utilities
4.0Jul 15, 2025$65,00016,45922,1285.7 mi
64
FL-523614
Paved · Off grid
6.2May 6, 2024$62,40010,11715,2169.5 mi
63
Show adjustment detail for the top comp
  • Tract size (9.99 ac → 11.59 ac)-1.2%
  • Access (Dirt → Paved)+37.2%

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.