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    Highway 98 W Mary Esther, FL 32569

    For Sale
    $190,000

    LAND - Mary Esther, FL

    Lot size:
    0.56 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for Highway 98 W

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial, Resid Multi-F
    APN
    18-2S-25-272A-0027-001A
    Lot size
    0.56 Acres

    The Premier Property Group, LLC (850) 213-5000 [email protected]

    Listing agent Jordan K Wyatt (361) 876-0094 License #3593213

    Listing date Oct 14, 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

    Highway Frontage Residential/Commercial Land

    This 0.56-acre vacant lot is located along Highway 98 on the west side of Mary Esther. The property is zoned SR (Suburban Residential) with permitted uses under R-2, C-1, and C-2, offering development options, including multi-family dwellings, professional offices, and retail. Preliminary plans are available for two rentable cottages, presenting an investment opportunity for short or long-term rental income. Utilities are nearby, and the terrain is flat and buildable. The location provides high visibility and easy access to local amenities, the beach, and surrounding communities. This lot is suitable for cozy rental cottages, professional offices, or a mixed-use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mary Esther
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.790271
    Latitude
    30.409567

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    FAQs

    What type of property is this?
    Land - 0.56 acre lot with Highway 98 frontage.
    Where is this land located?
    The property is located at Highway 98 W Mary Esther, FL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - 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.
    (361) 876-0094
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    Highway 98 W Mary Esther, FL 32569
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    Mary Esther, FL 32569
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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
    Highway 98 W Mary Esther, FL 32569
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