Fort Walton Beach, FL Commercial Land for Sale

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Updated: Aug 10, 2025

Waterfront Land With Dual Frontage

54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

$6,950,000

2.47 AC lot

2.47‑acre waterfront assemblage comprising two contiguous parcels
Approximately 248 feet of frontage on the Sound of Fort Walton Beach
Approximately 248 feet along Miracle Strip Parkway
Parcel dimensions: 248' x 230' x 248' x 218'
Public Sewer service available

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Updated: Aug 5

Warehouse Redevelopment Property

1314 Greendale Avenue, Fort Walton Beach, FL 32547

$525,000

6,785 sqft 0.32 AC lot

Approximately 6,785 square feet of warehouse/storage building area
Approximately 0.32‑acre site
Interior stripped to the studs for a new build‑out
Former upstairs office removed
Property measures approximately 95 x 145

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Eglin Parkway Commercial Development Opportunity

843 Eglin Pkwy, Fort Walton Beach, FL 32547

$1,299,000

1 sqft

Prime 1.18-acre commercial land near Eglin Air Force Base.

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Prime Land in Fort Walton

253 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

$1,100,000

0.48 AC lot

Undeveloped 0.48 acre outparcel in downtown Fort Walton Beach.

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High-Traffic Commercial Lot For Sale

1816 LEWIS TURNER Boulevard, Fort Walton Beach, FL 32547

$760,000

83.00 AC lot

Cleared commercial lot with high traffic and utilities in place.

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Fort Walton Beach Development Land

XXX NW Hill Avenue, Fort Walton Beach, FL 32548

$1,800,000

16.31 AC lot

16.31 acres with multiple zoning opportunities in Fort Walton Beach.

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Vacant Commercial Land

6567 65 And 67 Se Beal Pkwy, Fort Walton Beach, FL 32548

$775,000

Vacant commercial parcel with frontage along Beal Parkway and Shell Avenue.

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Fenced Commercial Land

16 SE Shell Avenue, Fort Walton Beach, FL 32548

$125,000

Fenced commercial lot currently used for boat and vehicle storage.

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UDAB Commercial Development Land

98114 98 And 114 Skipper Ave, Fort Walton Beach, FL 32547

$950,000

Two adjacent parcels provide access from Skipper Avenue and Katherine Street within the Urban Development Area Boundary.

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1.87 Acres Land For Sale - 195 Brooks St SE

195 Brooks St SE, Fort Walton Beach, FL 32548

$4,250,000

81,457 sqft 1.87 AC lot

1.87 Acres Land For Sale - 195 Brooks St SE

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Mixed-Use Commercial Land

127 SW Beal Pkwy, Fort Walton Beach, FL 32548

$175,000

The site carries MX-1 zoning and includes an existing structure.

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Beal Parkway Vacant Commercial Lot

65 and 67 SE Beal Parkway, Fort Walton Beach, FL 32548

$775,000

0.47 AC lot

Vacant commercial lot on Beal Parkway, Fort Walton Beach.

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Commercial Space in South FWB

139 Beal Pkwy #106, Fort Walton Beach, FL 32548

$158,000

Two commercial units combined, can be separated again.

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Prime Real Estate on Racetrack Road

120 NE Racetrack Road, Fort Walton Beach, FL 32547

$1,300,000

Nearly 1 acre with road frontage and development possibilities.

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Waterfront Land with Mixed-Use Zoning

161 Brooks St SE, Fort Walton Beach, FL 32548

Contact for pricing

MX-2 zoning and planned demolition establish a redevelopment-oriented site within Fort Walton Beach’s downtown area.

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Commercial Land

Fort Walton Beach, FL 32548

Contact for pricing

Commercial land within walking distance of downtown stores and activities.

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General Commercial Land

150 Barks Dr, Fort Walton Beach, FL 32548

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One-acre parcel with potential for commercial uses and up to 10 dwelling units.

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General Commercial Land

50 Barks Dr, Fort Walton Beach, FL 32548

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One-acre commercial parcel with potential for retail, service, office, or residential development.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Fort Walton Beach, FL, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

Off-Market Properties in Fort Walton Beach, FL

Consider similar Off-Market properties in Fort Walton Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

106 Perry SE Ave, Fort Walton Beach, FL 32548-5512

$275,000

Estimated value

0.17 AC lot

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VACANT COMMERCIAL LAND

14 Racetrack NE Rd, Fort Walton Beach, FL 32547-1801

$975,000

Estimated value

1,631 sqft 0.60 AC lot

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VACANT COMMERCIAL LAND

205 Pelham Rd, Fort Walton Beach, FL 32547-3769

$310,000

Estimated value

0.37 AC lot

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VACANT COMMERCIAL LAND

1313 Lewis Turner Blvd, Fort Walton Beach, FL 32547-1137

$900,000

Estimated value

0.48 AC lot

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VACANT COMMERCIAL LAND

235 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6616

$55,000

Estimated value

216 sqft 0.99 AC lot

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VACANT COMMERCIAL LAND

129 Alder SE Ave, Fort Walton Beach, FL 32548-7702

$270,000

Estimated value

1,128 sqft 0.26 AC lot

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Fort Walton Beach, FL Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Fort Walton Beach, FL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 4,570,316 square feet of properties for sale, with an estimated market value of $20,942,000.

Sale prices for commercial lots in Fort Walton Beach, FL start at $125,000, averaging $1,495,857, and reaching up to $6,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 59K

Population Growth (5Y) +7.7%

Median Household Income $66,255

College Educated 25.9%

High-Yield Neighborhoods for Investment

Identify Fort Walton Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
32547	$1M
32548	$2M

Taxes & Financing

Tax Rate (average for all types) 1.28%

Property Tax per SF $17.48 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Fort Walton Beach fall within the 1 to 5 acres range.

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Fort Walton Beach, FL Commercial Land for Sale

54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

1314 Greendale Avenue, Fort Walton Beach, FL 32547

843 Eglin Pkwy, Fort Walton Beach, FL 32547

253 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

1816 LEWIS TURNER Boulevard, Fort Walton Beach, FL 32547

XXX NW Hill Avenue, Fort Walton Beach, FL 32548

6567 65 And 67 Se Beal Pkwy, Fort Walton Beach, FL 32548

16 SE Shell Avenue, Fort Walton Beach, FL 32548

98114 98 And 114 Skipper Ave, Fort Walton Beach, FL 32547

195 Brooks St SE, Fort Walton Beach, FL 32548

127 SW Beal Pkwy, Fort Walton Beach, FL 32548

65 and 67 SE Beal Parkway, Fort Walton Beach, FL 32548

139 Beal Pkwy #106, Fort Walton Beach, FL 32548

120 NE Racetrack Road, Fort Walton Beach, FL 32547

161 Brooks St SE, Fort Walton Beach, FL 32548

Fort Walton Beach, FL 32548

150 Barks Dr, Fort Walton Beach, FL 32548

50 Barks Dr, Fort Walton Beach, FL 32548

Off-Market Properties in Fort Walton Beach, FL

106 Perry SE Ave, Fort Walton Beach, FL 32548-5512

14 Racetrack NE Rd, Fort Walton Beach, FL 32547-1801

205 Pelham Rd, Fort Walton Beach, FL 32547-3769

1313 Lewis Turner Blvd, Fort Walton Beach, FL 32547-1137

235 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6616

129 Alder SE Ave, Fort Walton Beach, FL 32548-7702

Fort Walton Beach, FL Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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