Mary Esther, FL Commercial Real Estate for Sale

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Highway Frontage Vacant Lot
Updated: Oct 10, 2025
Highway Frontage Vacant Lot

W Highway 98, Mary Esther, FL 32569

$185,000
0.56 AC lot
Prime 0.56‑acre lot with Highway 98 frontage in Mary Esther, FL, offering high visibility.
Zoned SR (Suburban Residential) with permitted uses under R‑2, C‑1, and C‑2, allowing for diverse development options.
Preliminary plans available for two rentable cottages, ideal for rental income.
Utilities nearby and flat, buildable terrain simplifies development.
Easy access to local amenities, the beach, and surrounding communities.
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Retail Building with Highway Frontage
Updated: May 8
Retail Building with Highway Frontage

A-757 E Miracle Strip Pkwy, Mary Esther, FL 32569

$4,995,000
4,000 sqft 5.03 AC lot
4,000 SF retail building on a 5.03‑acre parcel
Direct frontage on Highway 98 with approximately 27,000 AADT
Located on a commercial corridor in Mary Esther
Property offered for sale at $4,995,000
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Retail Building with Highway Frontage
Retail Building with Highway Frontage

757 E Miracle Strip Parkway A A, Mary Esther, FL 32569

$4,995,000
4,000 sqft 5.03 AC lot

A 4,000 SF retail building on a 5.03-acre parcel with direct Highway 98 exposure and strong daily traffic flow.

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Profitable C-Store & Restaurant Investment
Profitable C-Store & Restaurant Investment

180 Mary Esther Blvd, Mary Esther, FL 32569

Contact for pricing
5,196 sqft

Fully operational C-Store and restaurant with long-term tenants.

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Renovated Multi-Office Suite
Renovated Multi-Office Suite

311-151 Mary Esther Blvd, Mary Esther, FL 32569

$147,500

Recently renovated office suite with staff offices, a kitchenette, and new LVP flooring on both levels.

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Retail End Unit With Signage Access
Retail End Unit With Signage Access

330 Mary Esther Boulevard, Mary Esther, FL 32569

Contact for pricing
3,818 sqft

End unit retail suite available in an outparcel with access to pylon and building signage.

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Renovated Two-Story Office Suite
Renovated Two-Story Office Suite

151 Mary Esther Boulevard 311, Mary Esther, FL 32569

$147,500

Boutique office suite with five offices and a kitchenette, recently renovated with new LVP flooring throughout.

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Land with Hotel Plans
Land with Hotel Plans

205 Hollywood Blvd, Mary Esther, FL 32569

Contact for pricing
2.18 AC lot

2.18 AC site with plans for extended stay hotel.

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Prime Redevelopment Site For Sale
Prime Redevelopment Site For Sale

3397 W Highway 98, Mary Esther, FL 32569

Contact for pricing
2,047 sqft 0.83 AC lot

0.83-acre redevelopment site on Hwy 98 with high visibility.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Mary Esther, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Net Lease Retail
Drive-Through Net Lease Retail

516 Mary Esther Cut Off Northwest, Fort Walton Beach, FL 32548

Contact for pricing
5,050 sqft

Two-tenant NNN investment with a drive-thru, including Aspen Dental and Dunkin, plus 6.4 years weighted average term remaining.

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Industrial/Manufacturing Facility in Prime Location
Industrial/Manufacturing Facility in Prime Location

91 NW Ready Avenue, Fort Walton Beach, FL 32548

$1,400,000
1.00 AC lot

Multi-use industrial facility near Hurlburt Field and Eglin AFB.

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Fort Walton Beach Development Land
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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Industrial Park Flex/Warehouse Space
Industrial Park Flex/Warehouse Space

658 Lovejoy Rd NW, Fort Walton Beach, FL 32548

Contact for pricing
20,751 sqft 1.00 AC lot

Income-producing flex/warehouse space in Fort Walton Beach industrial park.

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Off-Market Properties in Mary Esther, FL

Consider similar Off-Market properties in Mary Esther, 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.

490 Mary Esther Blvd
CAR WASH

490 Mary Esther Blvd, Mary Esther, FL 32569-1682

$790,000
Estimated value
3,828 sqft 0.57 AC lot
View details
1652 Hwy 98
RETAIL STORES (PERSONAL SERVICES)

1652 Hwy 98, Mary Esther, FL 32569-1548

$675,000
Estimated value
5,178 sqft 0.74 AC lot
View details
Mary Esther Blvd
OFFICE BUILDING

Mary Esther Blvd, Mary Esther, FL 32569

Value Estimation by Request
1,332 sqft 0.03 AC lot
View details
151 Mary Esther Blvd Ste, Unit 503
OFFICE BUILDING

151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1976

Unit 503
Value Estimation by Request
1,356 sqft 0.03 AC lot
View details
217 Page Bacon Rd Ste, Unit 5
SHOPPING CENTER, STRIP CENTER

217 Page Bacon Rd Ste, Mary Esther, FL 32569-1670

Unit 5
Value Estimation by Request
1,000 sqft 0.02 AC lot
View details
217 Page Bacon Rd Ste, Unit 10
SHOPPING CENTER, STRIP CENTER

217 Page Bacon Rd Ste, Mary Esther, FL 32569-1670

Unit 10
Value Estimation by Request
1,000 sqft 0.02 AC lot
View details
323 Page Bacon Rd Ste, Unit 20
SHOPPING CENTER, STRIP CENTER

323 Page Bacon Rd Ste, Mary Esther, FL 32569-1669

Unit 20
Value Estimation by Request
1,000 sqft 0.02 AC lot
View details
Hwy 98th W
VACANT COMMERCIAL LAND

Hwy 98th W, Mary Esther, FL 32569

Value Estimation by Request
0.39 AC lot
View details
151 Mary Esther Blvd, Unit 504
OFFICE BUILDING

151 Mary Esther Blvd, Mary Esther, FL 32569-1976

Unit 504
Value Estimation by Request
1,364 sqft 0.05 AC lot
View details
151 Mary Esther Blvd Ste, Unit 304
OFFICE BUILDING

151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1972

Unit 304
Value Estimation by Request
1,256 sqft 0.04 AC lot
View details
Christobal Ln
VACANT COMMERCIAL LAND

Christobal Ln, Mary Esther, FL 32569

Value Estimation by Request
0.79 AC lot
View details
2179 Hwy 98
COMMERCIAL (GENERAL)

2179 Hwy 98, Mary Esther, FL 32569-1450

$1,670,000
Estimated value
6,014 sqft 3.00 AC lot
View details
100 Miracle Strip Pkwy
CONVENIENCE STORE

100 Miracle Strip Pkwy, Mary Esther, FL 32569-1927

$750,000
Estimated value
3,744 sqft 0.57 AC lot
View details
323 Page Bacon Rd Ste, Unit 10
SHOPPING CENTER, STRIP CENTER

323 Page Bacon Rd Ste, Mary Esther, FL 32569-1669

Unit 10
Value Estimation by Request
1,000 sqft 0.02 AC lot
View details
1928 Hwy 98
COMMERCIAL (GENERAL)

1928 Hwy 98, Mary Esther, FL 32569-3201

Value Estimation by Request
1,370 sqft 0.24 AC lot
View details

Mary Esther, FL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Mary Esther, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 19,061 square feet of properties for sale, with an estimated market value of $10,470,000.

Sale prices for business properties in Mary Esther, FL start at $147,500, averaging $2,094,000, and reaching up to $4,995,000 — 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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Demographics Overview

Population 13K
Population Growth (5Y) -2.5%
Median Household Income $73,762
College Educated 52.3%

High-Yield Neighborhoods for Investment

Identify Mary Esther submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32569 $1.9M

Taxes & Financing

Tax Rate (average for all types) 1.35%
Property Tax per SF $14.01 per SF
Tax Rate vs County Average 0.10 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 Mary Esther fall within the 25,000 to 50,000 square foot range.

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