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Property profile & analytics

251 Mary Esther Blvd Mary Esther, FL 32569-1678

  • Retail space
  • 8,740 SF
  • 0.71 lot acres
OFF-MARKET
Value Estimations
$465,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-6024453
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Piggly Wiggly / Grocery Store / Supermarket
  • Peluquería y barbería Blanca / Beauty Salon
  • Little Caesars Pizza / Pizza Restaurant / Fast Food Restaurant
  • US Air Force & Space Force Recruiting @FWBUSAF / Air Force Base / College
  • Bitcoin Depot | Bitcoin ATM / Crypto Atm / Atm

Property Details for 251 Mary Esther Blvd

Year built
1984
Construction
STEEL FRAME
Lot size
0.71 lot acres
Property size
8,740 SF
Property type
Retail space
APN
16-2S-24-0000-0007-0020
APU
162S24000000070020

Description

Market Place of Santa Rosa presents a prime retail investment opportunity in the thriving Mary Esther, Florida market. This single-story, 87,250 square foot shopping center, built in 1983, is situated on a one-acre lot at 251 Mary Esther Boulevard, directly across from the Santa Rosa Mall. The property boasts a highly visible location on a major thoroughfare, Mary Esther Boulevard, a key corridor in Fort Walton Beach, ensuring excellent exposure to a large volume of traffic. The center features convenient access with three points of ingress and egress. Currently, there is 13,384 square feet of vacant space available, divisible into units as small as 1,200 square feet and with a maximum contiguous space of 8,384 square feet. The property is zoned C-2, making it suitable for a variety of retail uses. The center is anchored by a grocery store, providing a strong draw for customers. This presents a unique chance to establish or expand a business within a well-established and successful shopping center, benefiting from the existing high traffic volume and strong neighborhood presence. The property's location and features make it an ideal choice for businesses seeking high visibility and convenient access in a bustling retail environment. The Okaloosa County location offers a strong demographic profile and a growing consumer base. This is a rare opportunity to secure retail space in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $450,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $708,000
    Market price range: $326k - $709k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mary Esther
County
Okaloosa
State
Florida
Longitude
-86.6536
Latitude
30.4155
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,845
$495,204
$399,485
$894,689
-
$495,204
$399,485
$894,689
More about this property
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