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Okaloosa County, FL · Sold

FL-668979

3260 County Road 138

$1,317,600
$4,382/ac · 301 ac
Acreage301 ac
Price per acre$4,382/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMay 25, 2025
Coordinates30.5872, -86.6340
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope16.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,833 ft of deeded road frontage.

Power11,310 ft away

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

Buildable area237.91 of 300.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,559,509
$1,216,589$1,902,430 · $5,186/ac on 301 ac
Asking vs estimate
-15.5%
Priced below the comp set

Weighted from 9 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 $1,317,600
Maximum allowable offer
$891,148
$2,964/ac · +30.0% target margin

You need $426,452 off asking to hit this margin.

All-in cost$966,896
Net resale$1,434,748
Projected profit$467,853
ROI+48.4%
Annualized+69.2%
Break-even resale$3,495/ac
Profit if resale lands off target
-20%
$180,903
-10%
$324,378
0%
$467,853
+10%
$611,328
+20%
$754,802
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-149272
Gravel · Power at road
371.8Jul 23, 2026$2,277,5006,1265,5575.3 mi
89
FL-648759
Landlocked · Power at road
256.4Aug 27, 2025$937,9003,6584,5455.5 mi
80
FL-828700
Gravel · Power at road
245.7Aug 2, 2025$1,926,3007,8416,5615.6 mi
77
FL-738096
Landlocked · Off grid
158.6Oct 26, 2025$506,5003,1934,0562.1 mi
73
FL-609133
Paved · Full utilities
336.2Feb 21, 2025$1,823,0005,4233,5147.4 mi
72
FL-489137
Dirt · Full utilities
337.2Feb 22, 2024$2,300,9006,8246,3134.4 mi
71
FL-827987
Gravel · Power at road
146.6Sep 27, 2025$769,5005,2503,7866.4 mi
69
FL-219841
Dirt · Off grid
561.5Dec 9, 2024$2,331,8004,1536,2285.6 mi
66
FL-707430
Dirt · Off grid
97.9Sep 9, 2024$662,8006,7706,2806.1 mi
59
Show adjustment detail for the top comp
  • Tract size (371.79 ac → 300.69 ac)+6.4%
  • Utilities (Power at road → Off grid)-15.0%

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.