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    Mary Esther Professional Office Complex
    Updated: Oct 14, 2024
    Mary Esther Professional Office Complex

    124 Hwy 98, Mary Esther, FL 32569

    Contact for pricing
    25,000 sqft 0.82 AC lot
    Prime location on Hwy 98 between Hurlburt AFB and Mary Esther Cutoff.
    16‑unit professional office complex.
    Steady rental income from a diverse mix of tenants (defense contractors, medical professionals, etc.).
    Excellent highway frontage and visibility.
    Strategic position west of Target.
    View details
    Mary Esther Professional Office Complex
    Updated: Feb 8, 2024
    Mary Esther Professional Office Complex

    124 Hwy 98, Mary Esther, FL 32569

    $4,300,000
    2.00 AC lot
    Prime location on Hwy 98 between Hurlburt AFB and Mary Esther Cutoff.
    16‑unit professional office complex.
    Diverse mix of tenants (defense contractors, medical professionals, etc.) providing steady rental income.
    Excellent highway frontage and visibility.
    Strategic position west of Target.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 55 Potential Opportunities for your consideration. Besides 2 Active listings in Mary Esther, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Gulf-Front Two-Story Office Building
    Gulf-Front Two-Story Office Building

    348 SW Miracle Strip Parkway Unit 34/35, Fort Walton Beach, FL 32548

    $699,950
    4,866 sqft

    Two-story office building with multiple private offices, on-site bathrooms, and ample parking on Gulf-front Miracle Strip Parkway frontage.

    View details
    Two-Story Office Building For Sale
    Two-Story Office Building For Sale

    634 NW Anchors Street, Fort Walton Beach, FL 32548

    $2,750,000
    24,820 sqft 1.80 AC lot

    Two-story office building centrally located near military facilities.

    View details
    Office
    Office

    34990 Emerald Coast Parkway, Destin, FL 32541

    Contact for pricing
    24,170 sqft

    Office buildings · 24,170 SF

    View details
    Class A Office Building
    Class A Office Building

    4458 Legendary Dr, Destin, FL 32541

    $4,995,000

    Class A office building in Destin's Regatta Commons.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Rare Santa Rosa Beach Development Land
    Rare Santa Rosa Beach Development Land

    1939 Mack Bayou Road, Santa Rosa Beach, FL 32459

    $4,995,000
    13.02 AC lot

    13-acre development opportunity in Santa Rosa Beach, Florida.

    View details
    Industrial Land for Light Industrial Use
    Industrial Land for Light Industrial Use

    6039 Fairlands Road, Milton, FL 32583

    $1,200,000
    18.22 AC lot

    18.22-acre industrially zoned land in Milton supports a range of light industrial and related uses.

    View details
    Pensacola Land in East Hill
    Pensacola Land in East Hill

    900 E Yonge St, Pensacola, FL 32503

    $140,000
    0.13 AC lot

    Versatile lot zoned R-2 in desirable East Hill neighborhood.

    View details
    Commercial Land with Major Road Frontage
    Commercial Land with Major Road Frontage

    9400 Mabel St, Pensacola, FL 32514

    $850,000
    1.30 AC lot

    1.3-acre parcel offering 200+ feet of road frontage on a high-traffic corridor.

    View details

    Off-Market Properties in Mary Esther, FL

    Consider similar Off-Market properties in Mary Esther, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Mary Esther Blvd
    OFFICE BUILDING

    Mary Esther Blvd, Mary Esther, FL 32569

    $190,000
    Estimated value
    1,332 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 503
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1976

    Unit 503
    $215,000
    Estimated value
    1,356 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd, Unit 504
    OFFICE BUILDING

    151 Mary Esther Blvd, Mary Esther, FL 32569-1976

    Unit 504
    $80,000
    Estimated value
    1,364 sqft 0.05 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 304
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1972

    Unit 304
    Value Estimation by Request
    1,256 sqft 0.04 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 104
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1965

    Unit 104
    $95,000
    Estimated value
    776 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 305
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1904

    Unit 305
    $100,000
    Estimated value
    776 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 509
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1976

    Unit 509
    $145,000
    Estimated value
    1,240 sqft 0.03 AC lot
    View details
    315 Hollywood Blvd Ste, Unit 2
    OFFICE BUILDING

    315 Hollywood Blvd Ste, Mary Esther, FL 32569-1915

    Unit 2
    $330,000
    Estimated value
    1,880 sqft 0.04 AC lot
    View details
    315 Hollywood Blvd Ste, Unit 3
    OFFICE BUILDING

    315 Hollywood Blvd Ste, Mary Esther, FL 32569-1915

    Unit 3
    $310,000
    Estimated value
    1,880 sqft 0.04 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 310
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1972

    Unit 310
    $145,000
    Estimated value
    1,332 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 313
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1972

    Unit 313
    $100,000
    Estimated value
    1,284 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 510
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1976

    Unit 510
    $300,000
    Estimated value
    1,168 sqft 0.06 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 408
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1975

    Unit 408
    $190,000
    Estimated value
    1,300 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 302
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1973

    Unit 302
    $545,000
    Estimated value
    780 sqft 0.05 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 506
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1976

    Unit 506
    $90,000
    Estimated value
    825 sqft 0.03 AC lot
    View details
    151 Mary Esther Blvd Ste 308a
    OFFICE BUILDING

    151 Mary Esther Blvd Ste 308a, Mary Esther, FL 32569-1974

    $130,000
    Estimated value
    1,284 sqft 0.02 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 301
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1972

    Unit 301
    $595,000
    Estimated value
    3,168 sqft 0.10 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 402
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1975

    Unit 402
    $270,000
    Estimated value
    1,304 sqft 0.04 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 401
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1975

    Unit 401
    $270,000
    Estimated value
    1,304 sqft 0.04 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 404
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1975

    Unit 404
    $275,000
    Estimated value
    1,380 sqft 0.02 AC lot
    View details
    151 Mary Esther Blvd Ste, Unit 502
    OFFICE BUILDING

    151 Mary Esther Blvd Ste, Mary Esther, FL 32569-1972

    Unit 502
    $275,000
    Estimated value
    1,392 sqft 0.03 AC lot
    View details
    430 Bryn Athyn Blvd
    OFFICE BUILDING

    430 Bryn Athyn Blvd, Mary Esther, FL 32569-1759

    $250,000
    Estimated value
    1,395 sqft 0.03 AC lot
    View details

    Mary Esther, FL Office Buildings Market Trends and Statistics

    Explore 47 office buildings for sale in Mary Esther, FL on our real estate platform. These investment opportunities span a total of 25,000 square feet of properties for sale, with an estimated market value of $4,300,000.

    Sale prices for office properties in Mary Esther, FL average $4,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 12
    Office buildings 3
    Medical Office Space 2

    Demographics Overview

    Population 13K
    Population Growth (5Y) -2.5%
    Median Household Income $73,762
    College Educated 52.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.35%
    Property Tax per SF $14.01 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Okaloosa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Okaloosa County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Mary Esther fall within the 2,500 to 5,000 square foot range.

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