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Mixed-Use Property with Two Buildings
New
For Sale
$1,495,000

98 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

Commercial for Sale, Fort Walton Beach, FL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market5

Property Features for 98 SE Miracle Strip Parkway

General Information

Property type Commercial Sale
Property subtype Other
Directions Corner of Downtown Ft. Walton Beach
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 24-2S-24-0000-0039-0000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description Beg 1588 Ft E Of Nw Cor Sec S To S Side Hy For Beg S 90.14 Ft To Brooks St E 35 Ft N 94.02 Ft W 35 Ft To Beg Db 93 Pg 477 & BEG 1523 FT E OF NW COR SEC S TO S SIDE HY #115
Legal Description Beg 1588 Ft E Of Nw Cor Sec S To S Side Hy For Beg S 90.14 Ft To Brooks St E 35 Ft N 94.02 Ft W 35 Ft To Beg Db 93 Pg 477 & BEG 1523 FT E OF NW COR SEC S TO S SIDE HY #115
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Vinnie Chulk · License #3269135
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 16 at 11:06AM
MLS# 1013805

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.

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Investment Insights

Based on property information with market context.

Two buildings comprise this mixed-use property, with more than 6,000 square feet of combined space. The parcel encompasses 0.2 acres.

The property is located in downtown Fort Walton Beach, within an established commercial area.

Key Highlights

  • Two buildings on a 0.2‑acre parcel
  • More than 6,000 square feet of combined building space
  • Located in downtown Fort Walton Beach

Property Analytics

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Current Use

Emerald Coast Digital Advertising Agency Terra Cheree Photography Photography Service Facial Feature Enhancement ... Medical Clinic FWB Designs Marketing & Advertising

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store Big Box & Wholesale Store Electrical Service Parking Lot & Garage Storage Facility

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

1,436
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Dining 33% Shops & Services 5% Hotels & Casinos 5%
Publix Groceries
31,489 visits/mo 0.4 miles
Whataburger Dining
10,898 visits/mo 0.4 miles
Waffle House Dining
5,380 visits/mo 0.4 miles
Captain D's Dining
2,367 visits/mo 0.4 miles
Residence Inn Fort Walton Beach Hotels & Casinos
1,454 visits/mo 0.2 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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property occupies a downtown parcel in Fort Walton Beach.
Where is this mixed-use property located?
The property is located at 98 SE Miracle Strip Parkway Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two buildings on a 0.2‑acre parcel; More than 6,000 square feet of combined building space; Located in downtown Fort Walton Beach
More about this property
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