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Discover the perfect opportunity to build your dream home in the exclusive, gated community of Forest Lakes! This exceptional vacant lot is situated in a peaceful, upscale neighborhood filled with charming Florida cottages. Just a short walk from the community pool and pavilion, this lot offers both convenience and tranquility. Forest Lakes boasts a range of top-tier amenities, including a private, picturesque lake and dock right on 30A in Blue Mountain Beach. With no build-out time requirements, you can design and construct your ideal home at your own pace. This lot is one of the larger ones currently available and backs up to a serene preserve area, ensuring privacy and a natural outdoor retreat. As a property owner in Forest Lakes, you'll enjoy access to walking trails, a playground,

Highlights

  • Land
  • Unimproved Land
  • 0.16 Acre Lot
  • $525/qtr HOA
  • 299 days on Market


  • Acres
    0.16
  • Lot Features
    Wooded, Wetlands
  • View
    Canal
  • Utilities
    Electricity Available, Natural Gas Available
  • Water
    Public

  • Area
    17 - 30A West
  • County
    Walton
  • City
    Santa Rosa Beach
  • Neighborhood
    FOREST LAKES PH I
  • Zip Code
    32459
  • High School
    South Walton
  • Middle School
    Emerald Coast
  • Elementary School
    Van R Butler

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Frequently Asked Questions

How do I schedule a tour of 5 W Okeechobee #LOT?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 W Okeechobee #LOT.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5 W Okeechobee #LOT?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $324,700. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Santa Rosa Beach, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5 W Okeechobee #LOT?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5 W Okeechobee #LOT at around $2,029. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5 W Okeechobee #LOT?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Walton County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5 W Okeechobee #LOT?

In most cases, yes. Whether 5 W Okeechobee #LOT is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Santa Rosa Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5 W Okeechobee #LOT?

We can handle that for you. Our preferred local agent specializes in lands in Santa Rosa Beach and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5 W Okeechobee #LOT was listed on January 16, 2026, which means it's been on the market for 299 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5 W Okeechobee #LOT sits on a 0.16-acre lot, which is 6,970 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Van R Butler
  • Middle: Emerald Coast
  • High: South Walton

Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5 W Okeechobee #LOT?

The most recent public record shows annual property taxes for 5 W Okeechobee #LOT were approximately $2,179. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $525 paid quarterly.

Is 5 W Okeechobee #LOT still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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