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Retail Building with Highway Frontage
For Sale
$4,995,000

757 E Miracle Strip Parkway, Mary Esther, FL 32569

Commercial for Sale, Mary Esther, FL

Property Size4,000 SF
Lot Size5.03 Acres
Price / SF$1,248
Days on Market128

Property Features for 757 E Miracle Strip Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Head west on US-98 toward Destin. Continue through Destin, over the Destin-Fort Walton Beach Bridge. Stay on US-98 (Miracle Strip Pkwy) as you pass through Fort Walton Beach. Continue west on US-98 for about 3 more miles. As you enter Mary Esther, keep going until you reach the east side of the city. 757A E Miracle Strip Pkwy will be on your left, on the waterfront side of Hwy 98.
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 LOTS 102, 103 & E50 FT OF
Legal Description SEABREEZE S/D LOTS 102, 103 & E50 FT OF

Utilities

Water front 1
Listing Agency: NBI Properties Inc
Listed By: Dustin Parkman · License #3307056
Added: May 8 Changed: Sep 11 Last Checked: Sep 12 at 8:06AM
MLS# 1002656

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 commercial property includes a 4,000-square-foot retail building on a 5.03-acre parcel. Commercial zoning supports the property's established retail use, while the substantial land area adds scale beyond the existing structure.

The site fronts Highway 98 at 757 E Miracle Strip Parkway in Mary Esther, Florida. Reported average annual daily traffic is 27,000 vehicles, placing the property along a heavily traveled commercial corridor. Its location in Okaloosa County provides access to the broader Mary Esther market and surrounding Northwest Florida communities.

Key Highlights

  • 4,000 SF retail building
  • 5.03‑acre commercial parcel
  • Direct frontage on Highway 98

Property Analytics

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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.

Lease Details

27,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Hotels & Casinos 9%
Shell Shops & Services
3,944 visits/mo 0.3 miles
Shell Gas Station Shops & Services
2,801 visits/mo 0.3 miles
Candlewood Suites Ft Walton Beach - Hurlburt Area Hotels & Casinos
683 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - The property combines an existing retail building with a sizable commercial parcel.
Where is this storefront property 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 $4,995,000.
What are key features of this property?
This property features: 4,000 SF retail building; 5.03‑acre commercial parcel; Direct frontage on Highway 98
More about this property
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