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    247-263 Miracle Strip Pkwy SE Fort Walton Beach, FL 32548

    For Lease
    Contact for pricing

    Retail property in a high-traffic area with convenient access.

    Property size:
    1,553 SF
    Lot size:
    7.51 Acres

    Property Features for 247-263 Miracle Strip Pkwy SE

    General Information

    Size
    1,553 SF
    Lot size
    7.51 Acres

    Source: SITE Centers - Corporate Agent Tori Holmes

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

    Overview

    Retail Space in Fort Walton

    The Shoppes at Paradise Pointe is an 83,719-square-foot retail property situated in Okaloosa County at the intersection of Miracle Strip Parkway SE (U.S. 98) and Perry Avenue SE in Fort Walton Beach, Florida. This property offers a 1,553-square-foot space for rent. Serving the Fort Walton Beach community, the center benefits from its location in a high-traffic area and provides convenient access from U.S. Route 98.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Downtown Fort Walton Beach, Shoppes at Paradise Pointe

    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.603005
    Latitude
    30.404128

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    FAQs

    What type of property is this?
    Shopping center - Retail property in a high-traffic area with convenient access.
    Where is this shopping center located?
    The property is located at 247-263 Miracle Strip Pkwy SE Fort Walton Beach, FL.
    What are key features of this property?
    This property features: - 83,719-square-foot retail property; - Located on Miracle Strip Parkway SE (U.S. 98) & Perry Avenue SE; - Serves the Fort Walton Beach community
    (216) 755-5500
    Request Owner's contact information
    247-263 Miracle Strip Pkwy SE 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
    247-263 Miracle Strip Pkwy SE Fort Walton Beach, FL 32548
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