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Two-Story Office Building
For Sale
$475,000

466 E Miracle Strip Parkway, Mary Esther, FL 32569

Commercial for Sale, Mary Esther, FL

Property SizeContact for details
Lot Size0.41 Acres
Days on Market44

Property Features for 466 E Miracle Strip Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1 Commercial
Directions Located just east of Mary Esther Blvd and Hwy 98 stop light intersection. Between CVS pharmacy and OYO Hotel.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 16-2S-24-0000-0025-0000
Lot size 0.41 Acres

Taxes and HOA fees

Tax Description Beg 581 Ft E Of Sw Cor Nw1/4 Of Se 1/4 N 240 Ft E 50 Ft S 240 Ft W 50 Ft To Beg
Legal Description Beg 581 Ft E Of Sw Cor Nw1/4 Of Se 1/4 N 240 Ft E 50 Ft S 240 Ft W 50 Ft To Beg
Listing Agency: Realty House Commercial Prop
Listed By: M Kevin Bethea · License #450832
Added: Jul 31 Changed: Sep 11 Last Checked: Sep 12 at 7:06AM
MLS# 1008899

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 two-story office building is arranged for a range of professional functions. The ground level includes a reception area, five private offices, two restrooms, and a conference room. Upstairs, three additional offices accompany a spacious open area with a coffee bar. Front, side, and rear access points support movement through the building, while a rear balcony serves the upper level. Window glass has been replaced throughout, and the property has a new AC system.

The property occupies 0.41 acres at 466 E Miracle Strip Parkway in Mary Esther, Florida. It is located in Okaloosa County and carries C-1 Commercial zoning. Two tax identification numbers are associated with the property: 16-2S-24-0000-0025-0000 and 16-2S-24-2630-0002-0010.

Key Highlights

  • Two‑story office building on a 0.41‑acre site
  • Ground floor includes reception, 5 private offices, 2 restrooms, and a conference room
  • Upper level has 3 offices, a large open area, and a coffee bar

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

613
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Updated office property with private rooms, meeting space, a second-floor open area, and multiple entrances.
Where is this office building located?
The property is located at 466 E Miracle Strip Parkway Mary Esther, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑story office building on a 0.41‑acre site; Ground floor includes reception, 5 private offices, 2 restrooms, and a conference room; Upper level has 3 offices, a large open area, and a coffee bar
More about this property
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