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Fort Walton Beach, FL Land for Sale

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Waterfront Mixed-Use Land Assemblage
Updated: Aug 10, 2025
Waterfront Mixed-Use Land Assemblage

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

$6,950,000
2.47 AC lot
+/-2.47 acres of waterfront assemblage on the Sound of Fort Walton Beach and +/-248' along Miracle Strip Parkway.
Two contiguous, combined parcels totaling 248' x 230' x 248' x 218' (buyer to verify dimensions).
Zoned MX‑2 Mixed‑Use (High Intensity) per City of Fort Walton Beach land development code.
MX‑2 allows multifamily, commercial and office uses, and other mixed‑use development scenarios on one parcel or lot/building.
Max density in MX‑2 is 30 dwelling units per acre, with possible bonus up to 45 dwelling units per acre.
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Fort Walton Beach Homesite
Updated: Mar 26
Fort Walton Beach Homesite

Woodbriar Court lot: 4, Fort Walton Beach, FL 32547

$234,900
0.35 AC lot
Prime .35 acre lot in a desirable coastal setting.
Located in a quiet cul‑de‑sac.
Potential to build a custom dream home.
Generous dimensions allow for pool, outdoor living, and entertaining space.
Convenient to nearby beaches, dining, and amenities.
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Eglin Parkway Commercial Development Opportunity
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
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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1.87 Acres Land For Sale - 195 Brooks St SE
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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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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Beal Parkway Vacant Commercial Lot
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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Waterfront Mixed-Use Redevelopment Land
Waterfront Mixed-Use Redevelopment Land

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

$6,950,000
2.47 AC lot

Assemblage offers waterfront exposure and MX-2 zoning for high-density mixed-use redevelopment opportunities.

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Commercial Space in South FWB
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
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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High-Traffic Commercial Lot For Sale
High-Traffic Commercial Lot For Sale

1816 LEWIS TURNER Boulevard, Fort Walton Beach, FL 32547

$760,000
0.83 AC lot

Cleared commercial lot with high traffic and utilities in place.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 11 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

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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Residential Lots in Shalimar, FL
Residential Lots in Shalimar, FL

112 SW 10Th Street, Shalimar, FL 32579

$1,350,000
0.10 AC lot

Ten residential lots ready for development in Shalimar, Florida.

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Waterfront Land Homesite
Waterfront Land Homesite

3,4,5 Petit Court, Shalimar, FL 32579

$50,000
1.00 AC lot

Waterfront lots 2–5 offer access to Lake Como and the Choctawhatchee Bay, with wetlands considerations to plan for.

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Waterfront Development Land with Condo Approval
Waterfront Development Land with Condo Approval

757 E Miracle Strip Parkway, Mary Esther, FL 32569

$5,000,000
5.00 AC lot

Three adjacent parcels on approximately 5 acres offer over 400 feet of water frontage and approved condominium development.

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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.

68 Acres Tillable Land For Sale
68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000
68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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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.

106 Perry SE Ave
VACANT COMMERCIAL LAND

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

Value Estimation by Request
0.17 AC lot
View details
14 Racetrack NE Rd
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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205 Pelham Rd
VACANT COMMERCIAL LAND

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

Value Estimation by Request
0.37 AC lot
View details
1313 Lewis Turner Blvd
VACANT COMMERCIAL LAND

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

$900,000
Estimated value
0.48 AC lot
View details
235 Miracle Strip SW Pkwy
VACANT COMMERCIAL LAND

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

Value Estimation by Request
216 sqft 0.99 AC lot
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129 Alder SE Ave
VACANT COMMERCIAL LAND

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

Value Estimation by Request
1,128 sqft 0.26 AC lot
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1321 Lewis Turner Blvd
VACANT COMMERCIAL LAND

1321 Lewis Turner Blvd, Fort Walton Beach, FL 32547-1137

Value Estimation by Request
516 sqft 0.66 AC lot
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544 Mary Esther Cut Off NW
VACANT COMMERCIAL LAND

544 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548-4064

$5,925,000
Estimated value
74,793 sqft 0.90 AC lot
View details
106 Perry SE Ave
VACANT COMMERCIAL LAND

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

$865,000
Estimated value
555 sqft 0.17 AC lot
View details
616 Beal NW Pkwy
VACANT COMMERCIAL LAND

616 Beal NW Pkwy, Fort Walton Beach, FL 32548

$645,000
Estimated value
2,808 sqft 0.48 AC lot
View details
207 Florida SE Pl
VACANT COMMERCIAL LAND

207 Florida SE Pl, Fort Walton Beach, FL 32548-5812

$585,000
Estimated value
5,114 sqft 0.28 AC lot
View details
723 Fairview Dr, Unit A
VACANT COMMERCIAL LAND

723 Fairview Dr, Fort Walton Beach, FL 32547-2926

Unit A
Value Estimation by Request
470 sqft 0.43 AC lot
View details
16 Jefferson NW Pl
VACANT COMMERCIAL LAND

16 Jefferson NW Pl, Fort Walton Beach, FL 32548-4729

Value Estimation by Request
0.32 AC lot
View details

Fort Walton Beach, FL Land Market Trends and Statistics

Explore 72 land for sale in Fort Walton Beach, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 81,458 square feet of properties for sale, with an estimated market value of $5,549,000.

Sale prices for lots in Fort Walton Beach, FL start at $1,299,000, averaging $2,774,500, and reaching up to $4,250,000 — 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

Commercial land 18
Waterfront Land 3
Residential land & home lots 2
Industrial land 1

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 $973.8K
32548 $2.1M

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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