Commercial Land With School
For Sale
$9,600,000
320 E Miracle Strip Parkway, Mary Esther, FL 32569
Commercial for Sale, Mary Esther, FL
Property SizeContact for details
Lot Size20.48 Acres
Days on Market59
Property Features for 320 E Miracle Strip Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Public Lands
Directions
Highway 98 / Miracle St., Parkway just west of Mary Esther Boulevard next to target
Subdivision
12 - Fort Walton Beach
Standard status
Active
APN
16-2S-24-0000-0034-0000
Lot size
20.48 Acres
Taxes and HOA fees
Tax Description
See Doc section for legal description
Legal Description
See Doc section for legal description
Listing Agency:
RE/MAX Agency One · RE/MAX International
(850) 682-8309
Listed By:
Your House Team · License #TEGFH1
(850) 398-8898
Added: Jul 16
Changed: Sep 11
Last Checked: Sep 12 at 6:06AM
MLS# 1007838
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 20.48-acre commercial land tract includes an existing school property with approximately 53,186 square feet of combined building area. The developed improvements can support continued evaluation for reuse, incorporation into a broader site plan, or redevelopment, subject to applicable approvals.
The property fronts E. Miracle Strip Parkway, also identified as US Highway 98, and offers potential access toward Hollywood Boulevard. Target and Hampton Inn are adjacent, while the site is positioned within the Mary Esther and Fort Walton Beach area. Current zoning is identified as Public Lands, and any commercial, hospitality, residential, medical, senior-living, or mixed-use concept would remain subject to rezoning and governmental approvals.
The property fronts E. Miracle Strip Parkway, also identified as US Highway 98, and offers potential access toward Hollywood Boulevard. Target and Hampton Inn are adjacent, while the site is positioned within the Mary Esther and Fort Walton Beach area. Current zoning is identified as Public Lands, and any commercial, hospitality, residential, medical, senior-living, or mixed-use concept would remain subject to rezoning and governmental approvals.
Key Highlights
- 20.48‑acre commercial land site in Mary Esther
- Approximately 53,186 square feet of combined existing school buildings
- Frontage along E. Miracle Strip Parkway, also known as US Highway 98
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 32569, FL
12,378
Population
5,795
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
2,947
Density / Sq Mi
$73,762
Median Household Income
$43,832
Median Earnings
$1,456
Median Rent
$296,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Large redevelopment site with existing educational buildings and direct US Highway 98 exposure in Mary Esther.
Where is this commercial land located?
The property is located at 320 E Miracle Strip Parkway Mary Esther, FL.
What is the asking price?
The asking price for this property is $9,600,000.
What are key features of this property?
This property features: 20.48‑acre commercial land site in Mary Esther; Approximately 53,186 square feet of combined existing school buildings; Frontage along E. Miracle Strip Parkway, also known as US Highway 98
