USAFLNicevilleValparaiso Pinecrest 5940 Cedar Ave S

$495,000

For Sale

5 months ago

940 Cedar Ave S, Niceville, FL

Name: 940 Cedar Ave S, For Sale in Niceville - eXp Realty
Brand: Century 21 AllPoints Realty
SKU: 990375
Price: 495000 USD

House

MLS® 990375

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Land

Size -

Garage

Taxes $1,062

Days Active 144

Lot Size

Approx. Age

MLS® Number 990375

Property Address: 940 Cedar Ave S, Niceville, FL, 32578-2649

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare offering in one of Niceville's most established and desirable residential corridors. This strategically located 2.94-acre vacant parcel sits along S. Cedar Avenue—just two blocks from Choctawhatchee Bay—and is perfectly positioned for a boutique residential development or a collection of private homes. Originally platted for 15 individual lots, the property now lends itself exceptionally well to a 4- or 5-lot configuration along Kailyn Court, offering generous homesite sizes, mature trees, and the charm of an established neighborhood setting. Utilities and public services are nearby, and the surrounding area features a blend of well-maintained single-family homes, quiet streets, and walkable access to the best of Old Niceville. Unmatched Proximity & Lifestyle Amenities: Top-Tier Schools: All primary and middle schools are within minutes, and Niceville High School is only a 3-minute drive, making this a perfect location for families seeking placement in one of Florida's most sought-after public school systems. Military Convenience: Just 15 minutes to Eglin Air Force Base, providing a prime location for military families and investors looking to tap into strong and stable housing demand. Outdoor Recreation: Stroll to the bayfront in under 5 minutes, launch a kayak or paddleboard, or enjoy the nearby parks and waterfront green spaces that define Niceville's relaxed coastal lifestyle. Central Access: Minutes to Niceville's commercial districts, medical offices, shopping, restaurants, local cafés, and the expanding Niceville-Valparaiso cultural and civic amenities. Regional Attractions: A short drive places you at Destin's white-sand beaches, the Emerald Coast's dining and retail hubs, and the region's renowned boating, fishing, and adventure destinations. Ideal for: small-scale developers, custom home builders, or end-users seeking an infill opportunity with substantial upside in a high-demand, low-inventory market.

MLS® Number990375

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Nov 26, 2025List Date

$495,000List Price

Commute

Commute

Starting Address

Destination Address

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