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    Fort Walton Beach, FL Waterfront Land for Sale

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    Mary Esther, FL Shalimar, FL Destin, FL
    Waterfront Land For High-Density Redevelopment
    $7,950,000
    2.47 Acres

    Waterfront Land For High-Density Redevelopment

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

    Rare waterfront land suitable for high-density mixed-use redevelopment.

    • Prime waterfront location with +/-248 feet of frontage on the scenic Sound of Ft. Walton Beach.
    • Favorable "MX‑2 Mixed‑Use" zoning allows for high‑density redevelopment with diverse development possibilities.
    • +/-2.47 total waterfront acreage comprised of two contiguous parcels.
    • Excellent visibility and access with +/-248' frontage along Miracle Strip Parkway.
    • Proximity to the Brooks Bridge and a short walk to the historic downtown district of Fort Walton Beach.
    Updated: Aug 10, 2025
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    Waterfront Property with Rental Income
    $1,800,000
    2,008 SF

    Waterfront Property with Rental Income

    334 Bluefish Drive #1-6, Fort Walton Beach, FL 32548

    Waterfront property featuring multiple units and rental income potential.

    • Rare dual‑parcel waterfront property with private beach and two private docks.
    • Enjoy panoramic water views from every window of the 2BR/2BA 2,008 sq. ft. primary residence.
    • Strong rental income potential from 4 x 2BR/1BA units and a studio on a short‑term rental program.
    • Updated kitchen with quartzite countertops in the primary residence.
    • Fully equipped outdoor kitchen.
    Updated: Apr 3
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    Waterfront Outparcel on Eglin Parkway
    $1,299,000
    1.18 Acres

    Waterfront Outparcel on Eglin Parkway

    Prime 1.18-acre waterfront outparcel with high visibility and traffic.

    843 Eglin Pkwy N, Fort Walton Beach, FL 32547
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Fort Walton Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Waterfront Land in Poquito Bayou
    $975,000
    0.79 Acres

    Waterfront Land in Poquito Bayou

    Rare 0.8-acre waterfront sanctuary with 145+ feet of frontage.

    15 Poquito Road, Shalimar, FL 32579
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    Waterfront Land in Poquito Bayou
    $975,000
    0.79 Acres

    Waterfront Land in Poquito Bayou

    Rare 0.8-acre waterfront property with 145+ feet of frontage.

    15 Poquito Road, Shalimar, FL 32579
    View details
    Gulf Front Lot Opportunity
    $6,975,000
    0.14 Acres

    Gulf Front Lot Opportunity

    Gulf front lot in gated Destin Pointe beach resort.

    73 Lands End Drive, Destin, FL 32541
    View details
    Gulf Front Lot Opportunity
    $4,900,000
    0.26 Acres

    Gulf Front Lot Opportunity

    Gulf front lot in gated Destin Pointe beach resort.

    57 Lands End Drive, Destin, FL 32541
    View details

    Fort Walton Beach, FL Waterfront Land Investment Opportunities Market Analysis

    Explore 3 waterfront land for sale in Fort Walton Beach, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,008 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for water rights properties in Fort Walton Beach, FL start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — 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 land 23
    Residential land & home lots 5
    Waterfront Land 3
    Industrial land 1

    Property Size Breakdown

    The majority of commercial real estate listings in Fort Walton Beach fall within the 1 to 5 acres range.

    Demographics Overview

    Population 59K
    Population Growth (5Y) +7.7%
    Median Household Income $66,255
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

    Identify Fort Walton Beach submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    32547 $1.3M
    32548 $4.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.28%
    Property Tax per SF $17.48 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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