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    2960 Mary Esther Blvd Mary Esther, FL 32569

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    For Sale
    $695,000

    Commercial property with high traffic, ideal for retail or entertainment.

    Lot size:
    1.00 Acre

    Property Features for 2960 Mary Esther Blvd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre

    Source: CENTURY 21 ALLPOINTS REALTY Agent JIM BALL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Opportunity Near Hurlburt

    This commercial property presents an opportunity in a rapidly developing area between Navarre and Fort Walton Beach, situated just west of Hurlburt Field. The location benefits from high daily drive-by traffic of 39,000 vehicles. Previously operated as a beer and wine venue (Blue Moon Bar), the existing footprint is suitable for a retail or business concept. The property includes an outside deck measuring 40x60 and a side covered deck. Future growth potential is enhanced by an adjacent proposed underpass to the west. A meandering creek is located on the west end of the property. All furniture and fixtures will be conveyed with the sale. The property is located at 2960 Highway 98, Mary Esther, FL 32569.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Similar Places Nearby

    Circle K, Fairway Inn, Tee-Luck Lounge, Starbucks, Cash's Liquors - The Hangout

    Location Insight

    • Map
    • Local Demand
    City
    Mary Esther
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6533534
    Latitude
    30.4204925

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    FAQs

    What type of property is this?
    Bar - Commercial property with high traffic, ideal for retail or entertainment.
    Where is this bar located?
    The property is located at 2960 Mary Esther Blvd Mary Esther, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - High traffic location: 39,000 daily drive-by traffic count.; - Commercial opportunity in a rapidly developing area.; - Existing footprint primed for an entertainment endeavor (previously a beer and wine venue).
    (850) 837-7800
    Request Owner's contact information
    2960 Mary Esther Blvd 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
    2960 Mary Esther Blvd Mary Esther, FL 32569
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