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Mixed-Use Commercial Land
For Sale
$175,000

127 SW Beal Parkway, Fort Walton Beach, FL 32548

Commercial for Sale, Fort Walton Beach, FL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market133

Property Features for 127 SW Beal Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning MX-1
Directions From Hwy 98/Miracle Strip Parkway SE, turn north onto Beal Pkwy SW and travel approximately .2 miles, the property will be on your right.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 13-2S-24-1050-000K-0090
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description GIBSON ADD S 50 FT OF LOT 9 BLK K
Legal Description GIBSON ADD S 50 FT OF LOT 9 BLK K
Listing Agency: Taylor Allen Properties LLC
Listed By: Christopher L Wooten · License #3435164
Added: May 4 Changed: Sep 11 Last Checked: Sep 13 at 9:06AM
MLS# 1002239

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing structure and is designated MX-1, or Mixed-Use Medium. The property supports several potential approaches identified in the source information, including renovation, adaptive reuse, or redevelopment.

The site is positioned along SW Beal Parkway, a north-south corridor near U.S. Highway 98 in Fort Walton Beach. It is within the Fort Walton Beach Community Redevelopment Agency District, where redevelopment and property-improvement incentives may be available.

Key Highlights

  • MX‑1 zoning designation for Mixed‑Use Medium
  • Existing structure supports renovation, adaptive reuse, or redevelopment
  • Located along SW Beal Parkway, a north‑south corridor

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,489
Businesses Nearby

Demographics for 32548, FL

22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - MX-1-zoned site with an existing structure near U.S. Highway 98.
Where is this commercial land located?
The property is located at 127 SW Beal Parkway Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: MX‑1 zoning designation for Mixed‑Use Medium; Existing structure supports renovation, adaptive reuse, or redevelopment; Located along SW Beal Parkway, a north‑south corridor
More about this property
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