Waterfront Mixed-Use Land
For Sale
$6,950,000
54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548
LAND - Fort Walton Beach, FL
Property SizeContact for details
Lot Size2.47 Acres
Days on Market369
Property Features for 54 SE Miracle Strip Parkway
General Information
Property type
Land
Property subtype
Other
Zoning
Business, City, Commercia
Lot features
Addl Land Available, Within 1/2 Mile to Water
Elementary school
Elliott Point
Middle school
Bruner
High school
Choctawhatchee
Directions
MapQuest: 42 Miracle Strip Parkway SE, Ft. Walton Beach, FL 32548 and 54 Miracle Strip Parkway SE, Fort Walton Beach, FL 32548
Subdivision
12 - Fort Walton Beach
Standard status
Active
APN
24-2S-24-0000-0031-0000
Lot size
2.47 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Metes & Bounds. Okaloosa County, Florida Parcel Identification Numbers: 24-2S-24-0000-0027-0000 AND 24-2S-24-0000-0031-0000
Tax Annual Amount
6412
Legal Description
Metes & Bounds. Okaloosa County, Florida Parcel Identification Numbers: 24-2S-24-0000-0027-0000 AND 24-2S-24-0000-0031-0000
Utilities
Sewer type
Public Sewer
Water front
1
Listing Agency:
Somers & Company
(850) 654-7777
Listed By:
John Paul Somers · License #3210089
(850) 654-7777
Added: Aug 10, 2025
Changed: Jun 25
Last Checked: Aug 13 at 4:06AM
MLS# 982793
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 offering consists of a combined, two-parcel waterfront assemblage totaling approximately 2.47 acres, presented as-is, where-is, with no attributable value given to existing onsite structures. The combined parcel dimensions are reported as 248' x 230' x 248' x 218'. The assemblage includes approximately 248' of waterfront frontage on the Sound of Fort Walton Beach and approximately 248' along Miracle Strip Parkway.
The property is located at 54 SE Miracle Strip Parkway in Fort Walton Beach, Florida, in Okaloosa County. The listing remarks indicate proximity to Brooks Bridge (under development and construction) and a short walk to the historic downtown district of Fort Walton Beach. Buyer must verify zoning details, potential development entitlements, riparian rights related to dock or marina use with the City of Fort Walton Beach, Okaloosa County, and other applicable agencies including the Corps of Engineers and FDEP.
Zoned MX-2 Mixed-Use (High Intensity) per the City of Fort Walton Beach land development code, the district is described as allowing a wide range of uses including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential development may include onsite amenities such as recreation facilities and parking-related uses, while accessory uses for nonresidential development may include parking lots or structures, storage buildings, or transit stops. Reported limits include a maximum density of 30.0 dwelling units per acre, with bonus provisions potentially allowing up to 45.0 units per acre, and a maximum nonresidential floor area ratio of 2.0 FAR, with possible bonus provisions up to 3.0 FAR.
The property is located at 54 SE Miracle Strip Parkway in Fort Walton Beach, Florida, in Okaloosa County. The listing remarks indicate proximity to Brooks Bridge (under development and construction) and a short walk to the historic downtown district of Fort Walton Beach. Buyer must verify zoning details, potential development entitlements, riparian rights related to dock or marina use with the City of Fort Walton Beach, Okaloosa County, and other applicable agencies including the Corps of Engineers and FDEP.
Zoned MX-2 Mixed-Use (High Intensity) per the City of Fort Walton Beach land development code, the district is described as allowing a wide range of uses including multifamily structures, commercial and office uses, artisan studios, and cottage industries. Accessory uses for residential development may include onsite amenities such as recreation facilities and parking-related uses, while accessory uses for nonresidential development may include parking lots or structures, storage buildings, or transit stops. Reported limits include a maximum density of 30.0 dwelling units per acre, with bonus provisions potentially allowing up to 45.0 units per acre, and a maximum nonresidential floor area ratio of 2.0 FAR, with possible bonus provisions up to 3.0 FAR.
Key Highlights
- +/-2.47 acres of waterfront assemblage on the Sound of Fort Walton Beach and +/-248' along Miracle Strip Parkway.
- Two contiguous, combined parcels totaling 248' x 230' x 248' x 218' (buyer to verify dimensions).
- Zoned MX‑2 Mixed‑Use (High Intensity) per City of Fort Walton Beach land development code.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,343
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Two contiguous waterfront parcels with MX-2 mixed-use zoning and frontage on both the Sound and Miracle Strip Parkway.
Where is this waterfront land located?
The property is located at 54 SE Miracle Strip Parkway Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: +/-2.47 acres of waterfront assemblage on the Sound of Fort Walton Beach and +/-248' along Miracle Strip Parkway.; Two contiguous, combined parcels totaling 248' x 230' x 248' x 218' (buyer to verify dimensions).; Zoned MX‑2 Mixed‑Use (High Intensity) per City of Fort Walton Beach land development code.
