$160,000
Fountain, FL 32438
MLS# 789587
1 / 5
Property Description
Exceptional 1.20-acre investment property offering strong development potential. This high-and-dry parcel is completely cleared with no wetlands, helping reduce entitlement risk, mitigation costs, and upfront development expenses. The land's clean, usable layout makes it an ideal canvas for a variety of income-producing projects. Well suited for investors and developers exploring options such as an RV park, tiny home community, mobile homes, or a multifamily development (buyer to verify zoning, density, and permitted uses). The property's versatility allows for multiple exit strategies, whether developing, holding, or repositioning for future appreciation. With minimal site preparation required, this parcel presents an efficient path from acquisition to development. Opportunities like this offering flexibility, reduced constraints, and scalable potential--are increasingly hard to find. A strong addition to any investment portfolio or development pipeline.
Details
Maps
Contract Info
List Price/Acre: 133333.33
Status: Active
List Date: 2026-04-09
List Price: $160,000
Current Price: $160,000
Location
Sub Area: 0601 - Calhoun NE
Community/Resort: None
Waterfront: No
Elementary School: Altha Public
Middle School: Altha Public
High School: Altha Public
Directions: From Hwy 98, take US-231 North toward Fountain. Continue north on US-231, then turn left (west) onto NW County Road 274. Travel on CR-274 to 1975 NW County Road 274; the property will be on the right.
Street #: 1975
Street Direction: NW
Street Name: County Road 274
Area: 06 - Calhoun County
State: FL
Zip Code: 32438
County: Calhoun
Subdivision: [No Recorded Subdiv]
Parcel ID: 32-2N-11-0710-0005-0100
Legal Description: LTS 1-32 BLK 5 MIRROR LAKE HOM ESITES 1ST ADN OR 300-425,307- 126,317-325,358-93, 368-293, 4 42-609,466-341,483-72,484-336 (LESS SOLD OR 484-364 THRU 369) (LESS SOLD OR 485-511 THRU 514)
General Property Info
Acreage: 1.2
Lot Size (SqFt): 52272
Lot Dimensions: 246 x 240
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 80
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Exceptional 1.20-acre investment property offering strong development potential. This high-and-dry parcel is completely cleared with no wetlands, helping reduce entitlement risk, mitigation costs, and upfront development expenses. The land's clean, usable layout makes it an ideal canvas for a variety of income-producing projects.
Well suited for investors and developers exploring options such as an RV park, tiny home community, mobile homes, or a multifamily development (buyer to verify zoning, density, and permitted uses). The property's versatility allows for multiple exit strategies, whether developing, holding, or repositioning for future appreciation. With minimal site preparation required, this parcel presents an efficient path from acquisition to development. Opportunities like this offering flexibility, reduced constraints, and scalable potential--are increasingly hard to find. A strong addition to any investment portfolio or development pipeline.
Financing
Cash: 1
Conventional: 1
VA: 1
Lot Features
Cleared: 1
Corner Lot: 1
Dead End: 1
Lot Access
City Street: 1
County Road: 1
Present Zoning
Unrestricted: 1
Utilities
Electricity - Connected: 1
Sale Type
As Is: 1
Property Features
Financing: Cash; Conventional; VA
Lot Access: City Street; County Road
Lot Features: Cleared; Corner Lot; Dead End
Sale Type: As Is
Utilities: Electricity - Connected
Present Zoning: Unrestricted
Listing Office: Coldwell Banker Niceville
Last Updated: May - 08 - 2026
Information deemed reliable but not guaranteed.