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    547 Mary Esther Blvd Fort Walton Beach, FL 32548

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    547 Mary Esther Blvd Fort Walton Beach, FL 32548


    • Retail properties & Spaces
    • 10,000 SF
    • 1.50 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 547 Mary Esther Blvd

    Lot size
    1.50 lot acres
    Property size
    10,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 10,000 square foot restaurant opportunity is situated on a highly visible corner lot spanning 1.5 acres at 547 Mary Esther Boulevard on Okaloosa Island, Florida, zip code 32548. The property boasts a prime location on Mary Esther Cutoff, adjacent to Step One, ensuring high traffic volume and excellent visibility. Previously operated as a Fridays restaurant, the space is fully furnished and ready for immediate occupancy, featuring over 200 seats inside. The building's substantial size, combined with its strategic location and existing infrastructure, presents a unique opportunity for a variety of restaurant concepts. The property is classified as retail, with a restaurant subtype, and is offered at an asking price of $3,150,000. Its location in Okaloosa County, Fort Walton Beach, Florida offers access to a thriving tourist market and a strong local community. This turnkey operation eliminates the need for extensive renovations and allows for a swift commencement of business. The ample lot size provides potential for future expansion or outdoor seating. This is an exceptional opportunity to acquire a well-established restaurant property in a high-demand location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6107
    Latitude
    30.4035
    More about this property
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