Waterfront

Mary Esther, FL Waterfront Land for Sale

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Waterfront Land Development Opportunity
Updated: Mar 22, 2025
Waterfront Land Development Opportunity

757 E Miracle Strip Parkway, Mary Esther, FL 32569

$5,000,000
5.03 AC lot
Over 400 feet of pristine water frontage.
Approved for condominium development.
5 acres of prime land.
Tremendous potential for commercial use.
Opportunity for rezoning for residential development.
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Land, Mary Esther, FL
Updated: Sep 1
Land, Mary Esther, FL

Parish Boulevard lot: 1, Mary Esther, FL 32569

$225,000
0.18 AC lot
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Waterfront Land with Beach Area
Waterfront Land with Beach Area

TBD Tarpon Road Tarpon Rd, Mary Esther, FL 32569

$595,000
3.30 AC lot

Waterfront property includes dry land and wetlands, with approximately 220+ feet of white sandy beach.

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See what stands out in Okaloosa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in
Local Demand available after sign in
Land
Land

Lot 1 Parish Blvd, Mary Esther, FL 32569

$225,000
7,841 sqft

Residential land & home lots · 7,841 SF

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Waterfront Land in Mary Esther
Waterfront Land in Mary Esther

00 Tarpon Road, Mary Esther, FL 32569

$595,000
3.44 AC lot

3.38-acre waterfront property suitable for a private estate.

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Land / Vacant Land
Land / Vacant Land

2847 Highway 98, Mary Esther, FL 32569

$589,000
21,780 sqft

Waterfront Land · 21,780 SF

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Waterfront Land Parcel for Sale
Waterfront Land Parcel for Sale

227 Tecumseh Lane, Mary Esther, FL 32569

$134,999

Buildable waterfront land offering gated access and a straightforward approach off Hwy 98.

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Waterfront Lot in Gated Community
Waterfront Lot in Gated Community

222 Tecumseh Lane, Mary Esther, FL 32569

$420,000
0.39 AC lot

Oversized waterfront lot with potential for private dock.

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Waterfront Development Land with Condo Approval
Waterfront Development Land with Condo Approval

757 E Miracle Strip Parkway, Mary Esther, FL 32569

$5,000,000
5.00 AC lot

Three adjacent parcels on approximately 5 acres offer over 400 feet of water frontage and approved condominium development.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Mary Esther, 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 With Dual Frontage
Waterfront Land With Dual Frontage

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

$6,950,000
2.47 AC lot

Two contiguous parcels offer waterfront access, roadway exposure, and public sewer service near downtown Fort Walton Beach.

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Land
Land

1932 Biscayne Blvd, Navarre, FL 32566

$189,000

Residential land & home lots

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Waterfront Mixed-Use Land Assemblage
Waterfront Mixed-Use Land Assemblage

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

Contact for pricing
2.47 AC lot

Contiguous MX-2 mixed-use waterfront parcels with approximately 248 feet of Sound frontage and zoning allowances for high-density redevelopment.

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Waterfront Commercial Land
Waterfront Commercial Land

9751 Us Hwy 98, Navarre, FL 32566

$5,100,000
6.20 AC lot

Waterfront commercial land with public water service and public sewer infrastructure.

View details

Mary Esther, FL Waterfront Land Market Trends and Statistics

Explore 9 waterfront land for sale in Mary Esther, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 784,951 square feet of properties for sale, with an estimated market value of $12,783,999.

Sale prices for water rights properties in Mary Esther, FL start at $134,999, averaging $1,420,444, and reaching up to $5,000,000 — 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

Residential land & home lots 9
Waterfront Land 8
Commercial land 7

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Mary Esther submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32569 $1.8M

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

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