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    23 SE Miracle Strip Pkwy Fort Walton Beach, FL 32548

    For Sale
    $1,600,000

    LAND - Fort Walton Beach, FL

    Lot size:
    1.01 Acres
    Days on Market:
    259
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 23 SE Miracle Strip Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    24-2S-24-0000-0023-0000
    Lot size
    1.01 Acres

    Coldwell Banker Realty (850) 501-1545 [email protected]

    Listing agent Vinnie Chulk (850) 585-5526 License #3269135

    Listing date Apr 1, 2025

    Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This commercial property, located at 23 SE Miracle Strip Parkway in Fort Walton Beach, Florida, presents a development opportunity. The property consists of two connected parcels, 23 SE Miracle Strip Parkway and 207 Shell Avenue, totaling 1.01 acres. Situated in downtown Fort Walton Beach, the location offers high visibility and accessibility on the Miracle Strip Parkway, a major thoroughfare with strong traffic counts. The zoning is commercial, making it suitable for retail, office, restaurant, or mixed-use development. This property is located in a growing area with strong commercial demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Whataburger Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.611778
    Latitude
    30.404227

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    FAQs

    What type of property is this?
    Commercial land - Over an acre in downtown Fort Walton Beach.
    Where is this commercial land located?
    The property is located at 23 SE Miracle Strip Pkwy Fort Walton Beach, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime commercial lot in the heart of downtown Fort Walton Beach.; - High visibility and excellent accessibility on Miracle Strip Parkway.; - Over an acre of prime real estate.
    (850) 585-5526
    Request Owner's contact information
    23 SE Miracle Strip Pkwy Fort Walton Beach, FL 32548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 SE Miracle Strip Pkwy Fort Walton Beach, FL 32548
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