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142 Highway 98 Mary Esther, FL 32569

For Sale
$2,300,000

Rare opportunity in a rapidly growing urban market.

Property size:
3,913 SF
Lot size:
0.09 Acres

Property Features for 142 Highway 98

General Information

Size
3,913 SF
Lot size
0.09 Acres

Source: NBI Properties, Inc. Agent Dustin Parkman

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


Overview

Downtown Ft. Walton Beach Asset

Located in Downtown Ft. Walton Beach, this 4,150 square foot property presents an opportunity for investment or development. Zoned MX-2 and situated within the Downtown Overlay District, the property allows for building heights up to 120 feet and up to 45 residential units per acre. The property consists of two parcels that can be combined. Both parcels have entrances and exits on both Brooks Street and Miracle Strip Parkway. The property is bordered on three sides by parks: The Indian Temple Mound, Vandegriff Park, and The Landing. The backyard offers views overlooking The Landing and the Sound. The property has undergone modern renovations and facility enhancements. The location is positioned to benefit from redevelopment and growth in Downtown Ft. Walton Beach. Downtown Ft. Walton Beach is experiencing urban growth with investments in infrastructure and public amenities. Brooks Bridge is undergoing an expansion to allow for pedestrian crossings. The City is undergoing a multimillion dollar expansion of The Landing, which will include a new docking system, public facilities, a playground and an amphitheater.
Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Mary Esther
County
Okaloosa
State
Florida
Longitude
-86.6627635
Latitude
30.409876

FAQs

What type of property is this?
Storefront property - Rare opportunity in a rapidly growing urban market.
Where is this storefront property located?
The property is located at 142 Highway 98 Mary Esther, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: - Prime location in Downtown Ft. Walton Beach, a rapidly growing urban infill market.; - Zoned MX-2, allowing for significant development potential up to 120' height and 45 residential units per acre.; - Two parcels with entrances/exits on both Brooks Street and Miracle Strip Parkway, providing convenient access.
More about this property
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