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Okaloosa County, FL · Sold

FL-235434

5691 County Road 364

$258,200
$11,197/ac · 23.06 ac
Acreage23.06 ac
Price per acre$11,197/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedDec 13, 2025
Coordinates30.5933, -86.5438
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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

959 ft of deeded road frontage.

Power144 ft away

Power at or near the road.

Buildable area18.36 of 23.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$237,316
$188,956$285,675 · $10,291/ac on 23.06 ac
Asking vs estimate
+8.8%
Priced above 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 $258,200
Maximum allowable offer
$135,609
$5,881/ac · +30.0% target margin

You need $122,591 off asking to hit this margin.

All-in cost$147,136
Net resale$218,330
Projected profit$71,195
ROI+48.4%
Annualized+69.2%
Break-even resale$6,935/ac
Profit if resale lands off target
-20%
$27,529
-10%
$49,362
0%
$71,195
+10%
$93,028
+20%
$114,861
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-334280
Dirt · Full utilities
10.0Jul 27, 2026$87,6008,7696,5802.7 mi
77
FL-944677
Paved · Off grid
13.3Dec 9, 2025$153,30011,5089,5123.6 mi
76
FL-604310
Paved · Power at road
10.2Feb 16, 2026$172,90016,93311,5275.9 mi
70
FL-216146
Paved · Full utilities
38.6May 18, 2025$745,40019,30013,1734.7 mi
68
FL-916217
Paved · Off grid
40.7Jan 28, 2025$435,60010,71210,7213.2 mi
67
FL-114484
Paved · Full utilities
11.6Sep 8, 2024$157,80013,6128,1344.7 mi
63
FL-897080
Dirt · Off grid
76.0Mar 17, 2025$529,4006,96710,8363.9 mi
63
FL-446294
Landlocked · Off grid
43.0Nov 20, 2023$292,3006,79912,4915.5 mi
61
Show adjustment detail for the top comp
  • Tract size (9.99 ac → 23.06 ac)-8.7%
  • Utilities (Full utilities → Power at road)-18.0%

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.