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Bar and Pub with Event Space
For Sale
$450,000

53 SW Beal Parkway, Fort Walton Beach, FL 32548

Commercial for Sale, Fort Walton Beach, FL

Property Size3,488 SF
Lot Size0.31 Acres
Price / SF$129.01
Days on Market62

Property Features for 53 SW Beal Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning General Com
Directions From Hwy 98/Miracle Strip Pkwy SE, turn north onto Beal Pkwy SW and drive approximately .5 miles, and the property will be on the right, currently named Tropix Bar and Grill.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 13-2S-24-0000-0032-0000
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description BEG NW COR NW1/4 OF SW1/4 E 332 FT S 576 FT FOR BEG S 74
Legal Description BEG NW COR NW1/4 OF SW1/4 E 332 FT S 576 FT FOR BEG S 74
Listing Agency: Taylor Allen Properties LLC
Listed By: Christopher L Wooten · License #3435164
Added: Jul 13 Changed: Sep 11 Last Checked: Sep 12 at 8:06AM
MLS# 1007525

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.

Located at 53 SW Beal Parkway in Fort Walton Beach, this bar and pub property includes event space and currently operates as a bar and grill. The approximately 0.31-acre site is zoned General Commercial (CG) within the City of Fort Walton Beach. Beal Parkway provides approximately 75 feet of frontage, while Shell Avenue contributes approximately 60 feet of rear access. The configuration supports pass-through circulation and potential drive-thru functionality.

The property has approximately 14,400 daily traffic count and on-site parking. It is positioned within Fort Walton Beach’s CRA District, near Downtown Fort Walton Beach and the Brooks Bridge replacement project. Nearby public and private investment includes a new multi-family development at 1st Street and Lowery Place. The site is presented for owner-user or investment use and is also identified for potential retail, restaurant, office, medical, and service-oriented applications.

Key Highlights

  • Approximately 0.31‑acre site in Fort Walton Beach
  • General Commercial (CG) zoning within the City of Fort Walton Beach
  • Approximately 75 ft. of Beal Parkway frontage

Property Analytics

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Current Use

850 Event Lounge Hotel & Motel

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service 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.

Lease Details

14,400 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,845
Businesses Nearby
124k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 22% Home Improvements & Furnishings 2% Beauty & Spa 2%
Starbucks Dining
17,859 visits/mo 0.5 miles
McDonald's Dining
16,333 visits/mo 0.5 miles
7 Brew Coffee Dining
13,225 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,786 visits/mo 0.5 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
11,727 visits/mo 0.5 miles

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
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Wood Foot Beer Co. 172 Brooks St SE, Fort Walton Beach, FL 32548
  • The Bevador Room 214 Miracle Strip Pkwy SE, Fort Walton Beach, FL 32548
  • Boardwalk 214 Miracle Strip Pkwy SW, Mary Esther, FL 32569
  • G.I. Jade Tiki Bar & Bistro 38 Miracle Strip Pkwy SW, Fort Walton Beach, FL 32548
  • Docie's Dock 24 Miracle Strip Pkwy SE, Fort Walton Beach, FL 32548

Frequently Asked Questions

What type of property is this?
Bar & Pub - CG-zoned commercial property offers Beal Parkway exposure, rear access, parking, and circulation suited to varied business operations.
Where is this bar & pub located?
The property is located at 53 SW Beal Parkway Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 0.31‑acre site in Fort Walton Beach; General Commercial (CG) zoning within the City of Fort Walton Beach; Approximately 75 ft. of Beal Parkway frontage
More about this property
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