Hospitality

Fort Walton Beach, FL Hospitality Properties for Sale

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75-Room Interior-Corridor Hotel
Updated: Sep 14
75-Room Interior-Corridor Hotel

137 Miracle Strip Parkway Southwest, Fort Walton Beach, FL 32548

Contact for pricing
75‑room hotel with four stories and interior corridors
Constructed in 2009 and renovated in 2019
Located at 137 Miracle Strip Parkway Southwest, Fort Walton Beach, FL 32548
Positioned along Miracle Strip Parkway Southwest and U.S. Highway 98
Near Hurlburt Field, Eglin Air Force Base, and Destin‑Fort Walton Beach Airport
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See hot listings in Fort Walton Beach

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Hospitality for sale in Fort Walton Beach, FL. Based on your search, we've also compiled 34 Potential Opportunities for your consideration: 4 properties in nearby cities, 26 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Coastal Retreat Near Beach Access
Coastal Retreat Near Beach Access

29 Los Angeles St, Miramar Beach, FL 32550

$2,695,000
0.17 AC lot

9BR/10BA coastal retreat with deeded beach access and rental history.

View details
Updated Gulf View Condo
Updated Gulf View Condo

1002 E Highway 98 #UNIT 810, Destin, FL 32541

$550,000

Updated 1BR condo with hall bunks and unobstructed Gulf views.

View details
Holiday Inn Express Destin Hotel
Holiday Inn Express Destin Hotel

108 Hutchinson Street, Destin, FL 32541

Contact for pricing

The hotel property is offered for sale in Destin, Florida.

View details
Marina & Bay View Penthouse
Marina & Bay View Penthouse

9500 Grand Sandestin Boulevard #UNIT 2910, Miramar Beach, FL 32550

$615,000

Penthouse with panoramic marina and bay views in Sandestin.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Coastal Center Commercial Land
Coastal Center Commercial Land

1939 Mack Bayou Road, Santa Rosa Beach, FL 32459

$4,950,000
13.02 AC lot

Commercial land with Coastal Center zoning adjacent to a golf course.

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Gulf Breeze Land with Development Potential
Gulf Breeze Land with Development Potential

Suncrest, Gulf Breeze, FL 32563

$5,500,000

4.6-acre property with 90 lots in a waterfront community.

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Sound-Front Waterfront Lot with Seawall
Sound-Front Waterfront Lot with Seawall

1581 Bulevar Menor, Pensacola Beach, FL 32561

$1,179,000
0.16 AC lot

Sound-front waterfront lot with private pier and boat lift rights, fenced yard, and public water and sewer service.

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Commercial Land with Bay Access
Commercial Land with Bay Access

130 Lagrange Road, Freeport, FL 32439

$10,500,000
34.00 AC lot

Multi-parcel tract with plans for RV, marina, restaurant, and commercial development.

View details

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.

522 Mary Esther Cut Off NW
MOTEL

522 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4025

Estimated value:
$11,955,000
42,278 sqft 1.71 AC lot
View details
407 Miracle Strip SW Pkwy
MOTEL

407 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-4501

Estimated value:
$1,080,000
45,618 sqft 2.66 AC lot
View details
315 Shell SE Ave
HOTEL

315 Shell SE Ave, Fort Walton Beach, FL 32548-5821

Estimated value:
$535,000
9,892 sqft 0.37 AC lot
View details
915 Harrelson St
MOTEL

915 Harrelson St, Fort Walton Beach, FL 32547-2525

Estimated value:
$975,000
44,692 sqft 1.80 AC lot
View details
380 Santa Rosa Blvd
MOTEL

380 Santa Rosa Blvd, Fort Walton Beach, FL 32548-6136

Estimated value: by Request
15,988 sqft 1.41 AC lot
View details
1500 Miracle Strip SE Pkwy
MOTEL

1500 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-6213

Estimated value: by Request
27,850 sqft 11.52 AC lot
View details
1112 Santa Rosa Blvd
MOTEL

1112 Santa Rosa Blvd, Fort Walton Beach, FL 32548-6120

Estimated value:
$1,545,000
53,988 sqft 2.51 AC lot
View details
2 Miracle Strip SE Pkwy
MOTEL

2 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-5816

Estimated value:
$1,075,000
17,984 sqft 0.96 AC lot
View details
137 Miracle Strip SW Pkwy
MOTEL

137 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6614

Estimated value:
$1,100,000
55,790 sqft 1.31 AC lot
View details
100 Miracle Strip SW Pkwy
MOTEL

100 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6615

Estimated value:
$525,000
7,941 sqft 0.84 AC lot
View details
540 Santa Rosa Blvd
MOTEL

540 Santa Rosa Blvd, Fort Walton Beach, FL 32548-6921

Estimated value:
$1,430,000
57,711 sqft 0.30 AC lot
View details
414 Santa Rosa Blvd
MOTEL

414 Santa Rosa Blvd, Fort Walton Beach, FL 32548-6932

Estimated value:
$1,150,000
17,159 sqft 0.91 AC lot
View details
314 Miracle Strip SW Pkwy
MOTEL

314 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5220

Estimated value:
$90,000
1,318 sqft 8.08 AC lot
View details
843 Eglin NE Pkwy
MOTEL

843 Eglin NE Pkwy, Fort Walton Beach, FL 32547-2529

Estimated value:
$1,635,000
68,713 sqft 2.98 AC lot
View details
135 Miracle Strip SW Pkwy
MOTEL

135 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6614

Estimated value:
$695,000
24,218 sqft 1.31 AC lot
View details
349 Miracle Strip SW Pkwy
MOTEL

349 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5210

Estimated value:
$750,000
26,014 sqft 1.22 AC lot
View details
1 Miracle Strip SE Pkwy
MOTEL

1 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-5815

Estimated value:
$290,000
6,915 sqft 0.57 AC lot
View details
1325 Miracle Strip SE Pkwy
HOTEL

1325 Miracle Strip SE Pkwy, Fort Walton Beach, FL 32548-6204

Estimated value:
$1,130,000
15,088 sqft 9.53 AC lot
View details
3 Miracle Strip SW Pkwy
HOTEL

3 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6612

Estimated value:
$1,000,000
46,036 sqft 1.31 AC lot
View details
209 Miracle Strip SW Pkwy
MOTEL

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

Estimated value:
$530,000
11,239 sqft 1.84 AC lot
View details
127 Miracle Strip SW Pkwy
MOTEL

127 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-6614

Estimated value:
$1,255,000
55,396 sqft 5.00 AC lot
View details
573 Santa Rosa Blvd
MOTEL

573 Santa Rosa Blvd, Fort Walton Beach, FL 32548-6912

Estimated value:
$1,830,000
24,480 sqft 2.72 AC lot
View details
333 Miracle Strip SW Pkwy
MOTEL

333 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5209

Estimated value:
$500,000
17,956 sqft 0.69 AC lot
View details

Fort Walton Beach, FL Hospitality Properties Market Trends and Statistics

Explore 27 hospitality properties for sale in Fort Walton Beach, FL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 59K
Population Growth (5Y) +7.7%
Median Household Income $66,255
College Educated 25.9%

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)

Property Size Breakdown

The majority of commercial real estate listings in Fort Walton Beach fall within the 50,000 to 100,000 square foot range.

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