Bordering the Turkey Creek area this 1.5 acre lot hosts stunning scenery, and wildlife. The land is currently uncultivated and most of it is covered in trees. It starts level to the road and has a gradual slope downhill into a flat plain before hitting the tree line. The lot also has a three bedroom two bath house which is either a handyman's dream or a tear down. There are also three sheds closer to the road. Surrounding properties are town homes. The lot is perfect for development. The property is zoned R-3, multi-family. This zoning allows for 15 dwellings per acre, however, City of Niceville has advised that 15 townhouses probably will not fit on this land due to some wetlands at the rear of the property. A wet land survey would be needed. Seller does not have one on file now, only a regular survey. If building single family homes, in the R-3 zoning, you can have approximately 5 homes on 40' lots. The lot size would be approximately 40 x 100 +/-. Other restrictions could apply. According to the tax roll it shows a small triangle piece across the street from the main parcel that does not convey with the main parcel, Seller committed that piece to the buyer of the mobile home. Please do not rely on the entire legal description. MLS number for the residential side of the listing can be found at #838410.