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Waterfront Land Development Opportunity
For Sale
$5,000,000

757 E Miracle Strip Parkway, Mary Esther, FL 32569

LAND - Mary Esther, FL

Property SizeContact for details
Lot Size5.03 Acres
Days on Market509

Property Features for 757 E Miracle Strip Parkway

General Information

Property type Land
Property subtype Other
Zoning Business, Commercial
Lot features Cleared, Within 1/2 Mile to Water
Elementary school Florosa
Middle school Bruner
High school Fort Walton Beach
Directions Located on directly on the south side of Highway 98 about a half mile east of Mary Esther Cutoff.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 23-2S-24-221A-0000-102A
Lot size 5.03 Acres

Taxes and HOA fees

Tax Description SEABREEZE S/D BEG NE COR LOT 102 S170 FT W130 FT N170 FT E130 FT TO POB AS OR & SEABREEZE S/DLOTS 102, 103 & E50 FT OFLOT 104 LESS 130 FT E X WBY 170 FT N X S IN NE CORSOLD & SEABREEZE S/D LOTS 104 & 105 INC EX E 50 FT OF LOT 104
Legal Description SEABREEZE S/D BEG NE COR LOT 102 S170 FT W130 FT N170 FT E130 FT TO POB AS OR & SEABREEZE S/DLOTS 102, 103 & E50 FT OFLOT 104 LESS 130 FT E X WBY 170 FT N X S IN NE CORSOLD & SEABREEZE S/D LOTS 104 & 105 INC EX E 50 FT OF LOT 104

Utilities

Sewer type Public Sewer
Water front 1
Listing Agency: Compass
Listed By: Spears Group
Added: Mar 22, 2025 Changed: Apr 27 Last Checked: Aug 12 at 12:06PM
MLS# 971863

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 waterfront property offers development possibilities with over 400 feet of water frontage across three adjacent parcels. The 5-acre land holding is situated in Mary Esther, Florida. The property is zoned for business and commercial use and has been approved for condominium development. It presents opportunities for investors, developers, or buyers looking to create a luxury waterfront community, private estate, or commercial venture.

Key Highlights

  • Over 400 feet of pristine water frontage.
  • Approved for condominium development.
  • 5 acres of prime land.

Property Analytics

Current Use

Cash's Liquors - The Hangout (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Gym & Fitness Center Dental Office Storage Facility HVAC Service 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

560
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
Rey
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 - 5-acre waterfront property approved for condominium development in Mary Esther.
Where is this waterfront land located?
The property is located at 757 E Miracle Strip Parkway Mary Esther, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Over 400 feet of pristine water frontage.; Approved for condominium development.; 5 acres of prime land.
More about this property
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